Chicago restaurant owners want $48B bailout to rescue food service industry

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Chicago restaurant owners want $48B bailout to rescue food service industry
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Chicago's restaurant industry was on the rebound and hopeful about the holidays before the omicron variant killed business.

A group of restaurant owners with theRestaurants Coalition is calling on the government to allocate $48 billion more in restaurant grants by Friday, Feb. 11 to help them stay afloat.

Romanelli, coordinator of both the Chicago Restaurants Coalition and the U.S. Restaurants Coalition, said that 101,000 restaurants in the U.S. received some of the $29 billion originally available as part of the Restaurant Revitalization Fund . Still, he said 177,000 restaurants in the U.S. applied, but received nothing.

"We are the canary in the minefield. If we as restauranteurs in hospitality, if we aren’t successful, then very little else will be," said DeFranco.– was also denied RRF money and fears he will have to resort to more layoffs if additional funding is not made available.

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