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Our skilled labor shortage is a national security threat

The Jumpstart Savings Act is a proposed bill that would create tax-advantaged savings accounts for tools and equipment, modeled after 529 college savings plans, to help address the skilled trades shortage and make it easier for Americans to enter the trades.

First seen · 4:30 PM UTCMay 5, 2026

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The Hill
CenterNexstar Media Group
Our skilled labor shortage is a national security threatThe Jumpstart Savings Act is a proposed bill that would create tax-advantaged savings accounts for tools and equipment, modeled after 529 college savings plans, to help address the skilled trades shortage and make it easier for Americans to enter the trades.
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