Biden visits taqueria as 186,000 restaurants apply for federal aid from newly opened program
ABC News
President Joe Biden on Wednesday visited a taqueria as 186,000 restaurants applied for federal aid from newly opened program.
More than 186,000 restaurants flooded the federal government with applications for money in the first two days of a program set up to ameliorate the impact of the coronavirus pandemic, the White House said Wednesday. President Joe Biden plans to deliver remarks Wednesday afternoon on the Restaurant Revitalization Fund, launched on Monday as part of the $1.9 trillion COVID-19 relief package he signed into law nearly two months ago, as an industry group warned the fund's popularity could cause it to quickly exhaust its $28.6 billion in funding. The program will provide grants of up to $10 million to restaurants, bars, food trucks and other eateries. "The question on the minds of many is what happens when applications outpace the available funds," the president and CEO of the National Restaurant Association, Tom Bené, said this week.More Related News