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Monday, June 29, 2009 4:36 PM Hagan pushes financial literacy for students By Matt Shaw | Times Staff Writer North Carolina's junior senator, Kay R. Hagan, introduced her first bill last week -- an effort to ensure high school students understand personal finances. Hagan's bill, the Financial Literacy for Students Act of 2009, would create incentive grants for states to incorporate financial literacy into curriculums for grades six through 12. "Recent economic turmoil across the country has made it clear to me that we need to do a better job of educating our kids when it comes to personal finance," Hagan said. "Our students need to enter the workforce with the skills to make sound financial decisions when applying for credit cards, securing student loans, taking out a mortgage or managing a budget." The legislation will be referred to the U.S. Senate's Health, Education, Labor and Pensions Committee on which Hagan sits. Only three states now require a minimum of one semester of financial literacy. Eighteen other states require that the topic be taught within another subject. In North Carolina, it is embedded within civics and economics, which is taught after the ninth grade. Reps divided on Clean Energy Act Wilson County's two representatives in the U.S. House divided in last week's final vote on the American Clean Energy and Security Act of 2009. U.S. Rep. G.K. Butterfield, D-Wilson, voted for the bill, which is intended to fight climate change. It would implement a tax on carbon emissions and a new carbon dioxide cap-and-trade system. Butterfield, a Democratic whip, was heavily involved in the effort to marshal enough votes for the bill's passage. The bill passed Friday with a 219-212 margin and now goes to the U.S. Senate. U.S. Rep. Walter B. Jones, R-Farmville, voted against the bill, saying it would hurt the economy of eastern N.C. "It's been estimated that a cap-and-trade system would deal a significant blow to manufacturing - with some jobs being wiped out completely and others being shipped overseas to countries that don't implement cap-and-trade," Jones said. Burr on West Point Board of Visitors U.S. Sen. Richard Burr has accepted an appointment to the Board of Visitors at the U.S. Military Academy at West Point. "I am incredibly honored to have been selected and look forward to serving as a member of the U.S. Military Academy Board of Visitors," Burr said. "In conjunction with my work on the Senate Armed Services Committee, I will continue to do all I can in support of our nation's armed forces and West Point." The board meets quarterly to review and receive updates on the academic, physical and military programs at the academy. Founded in 1802, the Academy has a student body of 4,400 cadets. |
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me,me said...
To"Concerned US citizen" - DO YOU KNOW WHAT IS IN THE BILL? You try to act so intelligent but I wonder about you. I notice that you have something to say about everything. Maybe you should start "thinking" instead of "speaking" and you just might learn something.
Tuesday, June 30, 2009 at 1:08 PM
concerned US citizen said...To"Concerned US citizen" - DO YOU KNOW WHAT IS IN THE BILL? You try to act so intelligent but I wonder about you. I notice that you have something to say about everything. Maybe you should start "thinking" instead of "speaking" and you just might learn something.
Tuesday, June 30, 2009 at 1:08 PM
Please help me out on this. What good is financial literacy going to do anyone when it appears that we have a bunch of crooks running the banking and financial industry? I see that Mr. Butterfield is trying to help us Wilson County residents again with his climate vote. Guess he wants to double our utility bills. I wonder if he even knows what is in that bill?
Tuesday, June 30, 2009 at 9:47 AM
