Senate Punts Stalled Coronavirus Aid
Until Thursday. The Senate on Monday punted any action on a stalled coronavirus relief bill until at least Thursday, after adjourning without taking action. It was the first Senate meeting since Thursday when Democrats and Majority Leader Mitch McConnell (R-Ky.) blocked dueling proposals to provide additional funding for a small business program that was passed as part of last month’s $2.2 trillion coronavirus relief bill.
The Restaurant Fallout with Landlords
May already be starting. Restaurateurs fear they may not be able to reopen after the crisis passes. Restaurants worry that they may not have the money to reopen their restaurants unless they’re able to reach some kind of agreement with their landlords, Bloomberg reports. The restaurateurs’ concerns echo a recent report published by the National Restaurant Association, which predicts that about 12 percent of restaurants surveyed in New York state would close permanently in the next month.
Did You Know?
U.S. weighs when to restart economy. Optimism that coronavirus infection rates may be stabilizing in the U.S.—and starting to decline elsewhere—were tempered over the weekend by rising concerns that moves to ease the lockdowns that have crippled the global economy could spur new outbreaks of the disease, which has claimed more than 114,000 lives world-wide.
When are coronavirus relief payments being sent out? How to get yours. Checks for millions of Americans, a key part of the $2.2 trillion relief bill, will start rolling out this next week. The money will appear automatically in your bank account if the IRS has your account information on file from previous years’ tax returns. If the IRS doesn’t already have your account information, or if you didn’t file taxes in 2018 or 2019.
Restaurant Industry Daily Alerts
A voice for our industry. If you are finding these daily bulletins informative and beneficial during this pandemic, we kindly ask that you write a brief Google review providing us with a vote of your appreciation. Simply Google “Bielat Santore & Company” and when the company name appears click the button on the right to write your review.
You don’t need a Google mail account to leave your review. However, you do need some kind of Google account. So, that could be YouTube, Google Play, Google Drive, Gmail, or Google Maps, which is quite easy to use. Upon typing “Bielat Santore & Company” – Allenhurst, NJ into Google Maps, scroll down and you will see an option to leave a review. Hopefully this will help all who have wanted to write a review but did not have a Gmail account.
Thank you and remember all of the “Restaurant Industry Alerts” can be found at www.123bsc.com/news/. We intend to continue to keep you informed as we all look for an end to this crisis.