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News & Press: National Restaurant Association

Don't Let Congress Leave D.C. Without Helping Restaurants!

Monday, September 14, 2020   (0 Comments)
Posted by: Lenza Jolley
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Six months ago, our nation’s restaurants were shut down by local governments.  The outlook for the industry grows more dire by the day.

 

According to the latest National Restaurant Association industry data, restaurants report declining business conditions for August by an over two to one margin. Over 100,000 restaurants have already closed, and 40% of operators said they would be forced out of business in the next six months if there is not additional federal aid.

 

Congress is struggling to pass a recovery bill before leaving Washington for the elections, possibly not considering an alternative until January. 

 

We need Congress to take short-term action now – targeting the proposals that already have extensive bipartisan support. The restaurant industry needs help now more than ever—and what we need to help restaurants and employees is simple:

  • authorize an additional round of Paycheck Protection Program (PPP) funding
  • ensure restaurants can deduct business expenses paid with PPP loans
  • provide a tax credit for investments that enhance the safety of customers and employees
  • expand the Employee Retention Tax Credit

 

Congress is scheduled to leave Washington at the end of the month – they need to hear from you now! Please contact your lawmakers by clicking here. Make sure to copy the campaign link https://p2a.co/saverestaurants and share it via email and on social media so your friends and colleagues can amplify your message.

 

Thank you for taking action. We can’t do it without you.


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