Washington, DC – The House of Representatives today passed H. Res. 1082, a resolution Congresswoman Eddie Bernice Johnson introduced in support of the fourth annual America Saves Week.  The Consumer Federation of America established America Saves, an annual nationwide campaign to encourage financial literacy and personal savings, nine years ago, and the fourth annual America Saves Week was February 21 through February 28, 2010.

“I believe that a financially-literate public is a key component to a strong and robust economy,” Congresswoman Johnson said.  “A national culture of financial responsibility can help to support American families in this struggling economy.

“We have already seen Americans increase their personal savings rates in response to the recession—personal savings as a percentage of disposable income rose from 1.2 percent in the first quarter of 2008 to 4.8 percent in the fourth quarter of 2009,” Congresswoman Johnson continued.  “It is my hope that Americans of all ages and all walks of life will continue to increase their personal savings rate in the months and years to come.”

In introducing H. Res. 1082, Congresswoman Johnson recognized Congresswoman Stephanie Tubbs Jones, who introduced legislation recognizing past America Saves Weeks prior to her death in 2008.

“I want to acknowledge the vigorous efforts of the late Congresswoman Stephanie Tubbs Jones to improve the overall economic situation of all of those who reside in the United States,” Congresswoman Johnson said.

For more information about America Saves, please visit http://www.americasaves.org/.

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U.S. Representative Eddie Bernice Johnson is the highest-ranking Texan on the House Committee on Transportation & Infrastructure and a senior member of the Science Committee. She represents the 30th Congressional District of Texas, which, includes Downtown Dallas, Fair Park, Oak Lawn, Old East Dallas, Pleasant Grove, & South Oak Cliff; all of Balch Springs, DeSoto, Hutchins, Lancaster & Wilmer and parts of Cedar Hill, Duncanville, Ferris, Glenn Heights and Ovilla.