Political Quotes

“Time is running out for America's 500,000 independent restaurants and their 11 million employees. This is the hardest-hit sector of our economy. We began our morning hour today listening to our friend, the gentleman from California (Mr. McClintock), and it is the lead editorial in the New York Times, focusing on the crisis for these restaurants. Independent restaurants are holding on literally by their fingertips. They are facing a new wave of restrictions that are necessary to deal with the COVID crisis that is rising. The talk of expanding the Paycheck Protection Program, the PPP, absolutely misses the mark. It didn't work initially when it was introduced for the restaurants, and it won't work now. They can't afford to wait for warmer weather in the spring or a vaccine in the summer. They don't need more debt. They need a lifeline now. Otherwise, we could see the loss of up to 80 percent of our independent restaurants that form the very fabric of our neighborhoods. Luckily, there is a solution. My RESTAURANTS Act has already passed the House. It is a program that won't add to the deficit. In fact, it will actually provide more money to the Government. The cost is $120 billion, but the economic analysis suggests that it will save $248 billion. Think about it for a moment.…”