I rise today to join not only Mr. Scott but also my good friend, the gentlewoman from Texas (Ms. Eddie Bernice Johnson), in support of this year's resolution making the fourth annual America Saves Week. I am pleased to join Congresswoman Johnson as a cosponsor of the resolution, and I urge my colleagues to give it their full support. Mr. Speaker, as most of my colleagues are aware, I have been working for some years now to make financial literacy a top priority both in the classroom and here on Capitol Hill. In 2005, I joined the gentleman from Texas (Mr. Hinojosa), a cosponsor of today's resolution, to form the Financial and Economic Literacy Caucus to help equip students and consumers with the tools that they need to prosper in today's sophisticated marketplace. Since then, the term 'financial literacy' has become an integral part of our legislative lexicon, especially as the need for financial literacy has become clearer than ever with more and more American families relying on depleted savings to weather this period of financial hardship.
Editor's note · Context
The speaker supports the resolution for America Saves Week and emphasizes the importance of financial literacy.
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