The fund was supposed to provide restaurants 'with funding equal to their pandemic-related revenue loss.' However, it was discovered that applicants for the funds were being prioritized on the basis of race and gender. More from cwtremo:
The Restaurant Revitalization Fund was intended to “provide funding to help restaurants and other eligible businesses keep their doors open.” It was part of President Joe Biden’s American Rescue Plan Act. However, like so many things in the Biden administration, it was plagued by chaos, mismanagement, and fiscal irresponsibility. This recklessness has contributed to the country's out-of-control inflation problem. Aware of these mishaps, Sen.
Additionally, in his letter, Paul requested specific information to try to resolve these vast financial inconsistencies and discrepancies. He made the request to the Small Business Administration, the group responsible for implementing RRF. Financial accountability is a phenomenon that has been missing in the government for years, but Paul is at least attempting seems to fix the problem.
The government's fiscal irresponsibility and reckless administrative application were the impetus for Paul's letter. While many in the Biden administration have sought to sweep the RRF mess under a metaphorical rug, Paul is vigorously pursuing the truth and trying to make sure such mishaps are not repeated. He is tired of the bureaucratic incompetence that haunts government spending.
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