On the recordMarch 29, 2006
I rise today, as in years past, to submit a resolution to designate April as Financial Literacy Month. I thank my cosponsors, Senators Sarbanes, Cochran, Lautenberg, Kohl, Stabenow, Talent, Lincoln, Crapo, Johnson, Dodd, Martinez, Durbin, Inouye, DeMint, Baucus, Feinstein, Coleman, and Allen. I am pleased to once again work with colleagues on both sides of the aisle to promote financial and economic literacy for people of all ages all across America. This resolution highlights the need to combat financial and economic illiteracy in our homes, schools, workplaces, and communities, and mobilize everyone to better educate themselves and others around them. In my State of Hawaii, State Representative K. Mark Takai in a previous year sponsored legislation establishing April as Financial Literacy for Youth Month, as I had in a previous Senate resolution, and this year introduced HB 1920 to redesignate the name of the month as Financial Literacy Month to broaden the month's focus to people of all ages. Testimony from State and local officials and community leaders supporting the legislation included a statement from Ms. Kristine Castagnaro, Executive Director of the Hawai'i Council on Economic Education, who said, ``residents of all ages deserve to possess the skills necessary to make wise choices for their lives and communities.'' Mr.…
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