Today I spoke with Wolfgang Puck. Wolfgang Puck is a great restaurateur, as is Jean Georges, and Thomas Keller, and Daniel Boulud, and other leaders of the restaurant business, which has been probably one of the hardest-hit industries. I've directed my staff to use any and all authority available to give restaurants, bars, and clubs incentive to stay open. You will lose all these restaurants, and they're not going to make it back, they're gonna have to get going. So what I'm doing, I'm going to tell Secretary Mnuchin and also our great Secretary of Labor, who you know very well, to immediately start looking into the restoring of deductibility of meal and entertainment costs for corporations. That set the restaurant business back A LOT when it was done originally, when it was done not so long ago, and we're going to go to deductibility so companies can send people to restaurants. I think it will have a tremendous impact, and maybe keep them open. Don't forget, some are closing right now despite the fact they could be open in the not too distant future, we expect that, but there are some that are not going to be able to get open and we want to make sure they do, so we are going to look at the restoration, restoring the deductibility of meals and entertainment costs for corporations so corporations can send people to restaurants and take a deduction on it like they did in the old days. That was when restaurants were doing really well.
