The Restaurant Revitalization Fund Should Have Stronger Oversight if More Funds are Approved

The American Rescue Plan included a program meant to keep small businesses owned by disadvantaged groups in the restaurant industry open during the height of the pandemic. The $28.8 billion grant program—known as the Restaurant Revitalization Fund—gave money to over 100,000 businesses, with some grants going as high as $10 million.

Subsidies and Corruption in New York

The leaders of both chambers of the New York State Legislature have been indicted on criminal charges, accused of using their power and influence to improperly assist major real estate developers. That assistance turns out to revolve around a controversial subsidy program known as 421-a.