Podcasts Business Management 152. How Biden's "American Rescue Plan" Might Affect the Restaurant Industry

152. How Biden's "American Rescue Plan" Might Affect the Restaurant Industry

Published: Jan. 18, 2021, 9 p.m.

President-elect Joe Biden unveiled the American Rescue Plan (ARP)—a $1.9 trillion COVID-19 relief proposal his administration will pursue shortly after taking office on Wednesday, Jan. 20. On this episode, we break down the stimulus bill and look at key aspects that may affect the restaurant industry for better or worse. One notable inclusion is raising the minimum
wage to $15 per hour and ending the tipped minimum wage and sub-minimum wage for people with disabilities.