Daniel Akaka

I very much appreciate that President Obama includes financial literacy in his platform to help working families.

I am hopeful that we will be able to increase the resources available for the EEE program.

It is when recessions come, people lose jobs, and wages fall where the true costs of financial illiteracy among working families become apparent.

The negative impacts of financial illiteracy are less obvious when the economy is booming, employment is plentiful, and wages rise.

Financial literacy is an issue that must be addressed as we continue to grapple with severe economic challenges and global recession.

The leadership on financial literacy exhibited by the President, Secretary, and many others is all the more critical now because so many Americans are struggling financially.

I plan to work closely with all of you to improve Federal financial literacy efforts.

Mr. Salisbury, GAO indicated that the Financial Literacy and Education Commission could increase its effectiveness and success by improving its internal coordination between member agencies.

Thank you so much for your efforts and your responses to our questions.

The Talent-Nelson amendment enacted in 2007 limits the terms of consumer credit extended to military families.

Thank you very much.

I sense an enthusiasm in this area of financial literacy and the importance it has for the Federal workforce.

In order to retire on one's own terms, an individual must manage their debt responsibility, choose a mortgage suitable to their financial situation, and invest appropriately.

I am extremely interested in your readiness program, in this case retirement readiness, to help people plan their golden years after their work here.

Are you aware of this?

FEMA must have strong, experienced, and capable leadership.

I believe that you will be able to provide the kind of leadership that FEMA needs.

I want to thank you very much, and the Ranking Member, Senator Collins, for holding this hearing and for moving on with trying to confirm the people that we need to operate our government.

I want to ask that my full statement be included in the record.

The intent of the legislation is to recognize the important role caregivers play in caring for our veterans.

We thank you for this legislation's recognition of the integral role caregivers serve in managing both medical and non-medical care of our wounded, ill, and injured veterans.

NAVREF thanks Senator Daniel K. Akaka, Chairman of the Committee on Veterans' Affairs, for incorporating title VI...

S.734 ensures that the VA recruits and retains the highest quality medical professionals.

This bill will provide a living stipend, health care benefits, training, and support to family caregivers.

Advance appropriations will ensure that the quality of care for veterans will no longer be compromised by budget delays.