Congress Is Weighing a Fresh Stimulus Package for Restaurants and Other Businesses as Omicron Rages

As the US shatters records for the number of COVID-19 cases, some members of Congress are mulling a fresh round of economic relief for businesses.

The Washington Post’s Tony Romm first reported that lawmakers from both parties were in talks about potentially proposing to pump billions into businesses, including hard-hit ones like restaurants. The Post reported that Sens. Ben Cardin, a Democrat from Maryland, and Roger Wicker, a Mississippi Republican — who are reportedly leading the talks — had put together a $68 billion proposal in December.

“We started with restaurants but we’re prepared to expand it if we can have the necessary support,” Cardin told reporters on Wednesday. “There’s other industries that have legitimate concerns.”

He said that lawmakers are looking at “how much is needed” for the restaurant fund. In May 2021, the White House opened the Restaurant Revitalization Fund for applications, with $28.6 billion from the American Rescue Plan up for grabs. They received 186,000 applications in the first two days alone.

A White House official told Insider on Wednesday that the Biden administration is “continuing to closely track” the Omicron wave though no final decision had been made to push for another relief plan.

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Source: MSN