{"database": "press", "table": "releases", "rows": [["https://blakemoore.house.gov/media/press-releases/representatives-moore-smith-jack-introduce-bill-to-secure-a-strong-financial-start-for-future-generations", "Representatives Moore, Smith, Jack Introduce Bill to Secure a Strong Financial Start for Future Generations", "2026-04-17", "2026", "2026-04", "Republican", "House", "UT", "Blake D. Moore", "M001213", "blakemoore.house.gov", "blakemoore", "https://blakemoore.house.gov/media/press-releases", "scraper", "WASHINGTON \u2013 Representatives Blake Moore (R-UT), Adrian Smith (R-NE), and Brian Jack (R-GA) introduced the Trump Accounts for All Generations Act to permanently extend the Trump Accounts contribution pilot program, created by the Working Families Tax Cuts, which is set to expire at the end of 2028. This legislation ensures that every future American newborn can receive the $1,000 investment when opening a Trump Account while also indexing the $1,000 investment to inflation beginning in 2029.\n\n\u201cOne of the most significant policies we enacted in the Working Families Tax Cuts was the creation of investment accounts for every American child. Trump Accounts will set our children up for financial stability and the $1,000 federal contribution for newborns will jumpstart their savings. I was proud to lead the original legislation that launched the program and I\u2019m excited to introduce the Trump Accounts for All Generations Act to make this federal investment permanent for generations to come,\u201d Rep. Moore said.\n\n\"The Trump Account contribution pilot program opened the door for parents to provide their children with a strong financial foundation from day one. But this historic investment is at risk of disappearing after President Trump leaves office. I introduced the Trump Accounts for All Generations Act to ensure that every future generation of Americans can have a strong financial start in life,\u201d Rep. Smith said.\n\n\u201cOn Independence Day 2025, President Trump enacted one of the most significant laws in American history: the Working Families Tax Cuts, delivering the largest tax cut in American history and establishing the foundation for Trump Accounts. I am proud to support the Trump Accounts for All Generations Act, which would make these tax-advantaged savings accounts permanent and ensure the next generation of Americans has the tools to build wealth, pursue opportunity, and create a better future for themselves and their families. I commend President Trump for his leadership, and I look forward to advocating for this legislation throughout the Congressional process,\u201d Rep. Jack said.\n\nBackground:\n\nUnder the Working Families Tax Cuts, Republicans created an opportunity for parents, guardians, and other authorized individuals to establish a new tax-advantaged savings account for their children, called Trump Accounts, with the ability to contribute up to $5,000 annually.\n\nIn addition to creating the Trump Accounts, Republicans authorized a pilot program contribution of $1,000 for any child who is a U.S. citizen with a valid Social Security number born between January 1, 2025, and December 31, 2028.\n\nThe Trump Accounts for All Generations Act makes the $1,000 Trump Account contribution permanent and indexes the investment to inflation starting in 2029.\n\nRead the full bill here.\n\n###", 1, "2026-04-22T05:46:42Z", "2026-04-22T05:48:06Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://blakemoore.house.gov/media/press-releases/representatives-moore-smith-jack-introduce-bill-to-secure-a-strong-financial-start-for-future-generations"], "units": {}, "query_ms": 1.0051119606941938, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}