Trump 86’s Relief Bill Negotiations

Today, President Trump ended all talks with Democrats on an economic recovery package. Last week, the House of Representatives passed a $ 2.2 trillion package, which included $120 billion targeted to help restaurants.

Today, the president tweeted “I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses on Hardworking Americans and Small Business. [sic]”

Trump accused House Speaker Nancy Pelosi (D-CA) of “not negotiating in good faith,” citing that as the reason for the abrupt change.

According to the New York Times, Pelosi and Treasury Secretary Steven Mnuchin were scheduled to talk today.

The Independent Restaurant Coalition, a supporter of the House proposal tweeted in response to the news, “Restaurant relief is for everyone. Our $120B restaurant revitalization fund would grow the economy up to $271B, reduce national unemployment up to 2.4%, and revitalize supply chains nationwide. Without it, 85% of independent restaurants could close permanently.”

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

RELATED CONTENT

Energy Star To Provide Key Spec Updates

Final version 3.0 for commercial dishwashers coming soon, plus induction cooktops under Energy Star consideration

Read More...

What Does the 2020 Election Mean for Restaurant Operators?

This year, the pandemic has changed almost all usual ballot conversations.

Read More...
Chicago Restaurant Takito Kitchen

Chicago Eases Up on Capacity Restrictions

But the city also imposes some new rules, too.

Read More...