Sens. Mark Warner, D-Va., and Chris Coons, D.-Del., said they plan to introduce a bill that would create and help fund a tax-preferred savings plan that workers can use to retrain or “upskill” as automation and other technology advances continue to impact the employment market.
The bill–the Lifelong Learning and Training Account Act–is intended to “make lifelong learning more accessible for low- and moderate-income workers,” the senators said in a Nov. 16 statement. They cited research from the McKinsey Global Institute that predicts up to the one-third of the U.S. workforce “will need to learn new skills or find work […]
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