Supporting Financial Literacy Month
Every year in April, the U.S. House votes on a resolution "supporting the goals and ideals of Financial Literacy Month." And every year, you gotta laugh because everyone knows it's horribly hypocritical. The federal government taxes too much and spends too much. And Congress has the gumption to preach financial literacy to the electorate?
Here are the roll call votes for 2005, 2006, 2007, and 2008. The only congressman to vote against it all four years was Rep. Jeff Flake (R-AZ). In 2005, Flake issued a press release:
“Given Congress' appetite for pork barrel spending and penchant for deficits, we’re in no position to lecture anybody on financial literacy,” said Flake. “Perhaps we should have included a provision in the bill requiring Congress to practice what it preaches.”
