80% of Restaurants May Not Reopen While Pelosi Sits at Home Refuses to Approve More Loan Money

Nancy Pelosi showed off her basket of fancy chocolates this week at home in her mansion.

A poll of restaurant and bar owners found that 80% of owners are not sure they will ever reopen after the government enforced the shutdown of their businesses.

Four of five restaurants may never reopen.
And Nancy Pelosi refused to approve more assistance to these business owners.

The Chicago Tribune reported:

Armed with new data showing that restaurants and bars accounted for 60 percent of the U.S. jobs lost in March, representatives of the Independent Restaurant Coalition renewed their call to Congress for more, and better, federal assistance for the industry’s 11 million workers.

In a conference call Thursday afternoon, the coalition reiterated that the recently passed CARES Act and the Paycheck Protection Program fail to meet the unique needs of independent restaurants — many of whom, the group said, risk permanent closure.

Earlier Thursday, the U.S. Small Business Administration announced that the $349 billion Paycheck Protection Program had run out of money, and wouldn’t be accepting more applications, essentially shutting small restaurants out of the program.

On Thursday the PPP Loan program ran out of money. Already $349 billion was handed out to struggling businesses.

At least 20,000 went unprocessed on Thursday and Friday.

Nancy Pelosi refuses to act.

READ MORE HERE

 

Sassy Liberty

Sassy Liberty is a political writer for the better part of a decade. She has been vocal for years on social media concerning the communist agenda that has infiltrated our country. She is an advocate for medical freedom, homeschooling, and defunding the woke culture. Do you want to stop the war on kids and defund the commie agenda? msha.ke/danielledeperi

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