IV 
110TH CONGRESS 
1ST SESSION 
H. RES. 204 
Expressing support for the first annual America Saves Week. 
IN THE HOUSE OF REPRESENTATIVES 
FEBRUARY 28, 2007 
Mrs. JONES of Ohio submitted the following resolution; which was referred to 
the Committee on Financial Services 
RESOLUTION 
Expressing support for the first annual America Saves Week. 
Whereas America Saves is a 6-year old social marketing cam-
paign in which over 1,000 local, state, and national orga-
nizations have motivated more than 65,000 people to en-
roll as ‘‘American Savers’’ by making a commitment to 
save for a goal of their choice and to develop a plan to 
achieve this goal; 
Whereas, with the national savings rate consistently hovering 
around 0 for the past 6 years, America Saves is the call 
to action that we must not spend all, but save some, of 
our incomes; 
Whereas, launched in 2001 with one city, Cleveland, Ohio, 
America Saves has now 53 local, state and national cam-
paigns, including Philadelphia Saves, Utah Saves, San 
Diego Saves, New York State Saves, Texas Saves, Kan-
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•HRES 204 IH 
sas City Saves, Milwaukee Saves, Miami Saves, Ten-
nessee Saves, Silicon Valley—South Bay Saves, Military 
Saves, Youth Saves, Black America Saves, Hispanic 
Saves, and America Saves through Homeownership; 
Whereas local activities are being organized in many cities 
and localities around the country that encourage individ-
uals to take action such as opening a savings account for 
emergencies, participating in work place retirement pro-
grams, or setting a goal such as homeownership and es-
tablishing a savings account dedicated for that purpose; 
Whereas America Saves has over 500 financial institutions, 
both banks and credit unions, providing no- or low-fee, 
low-opening-balance savings accounts that allow small 
savers to achieve success; 
Whereas, as an example, America Saves has to date enrolled 
8,700 American Savers in the area of Cleveland, Ohio, 
alone, who have saved or reduced debt by an estimated 
$6,000,000; 
Whereas America Saves has been congratulated by Federal 
Reserve Board Chairman Ben Bernanke upon reaching 
50,000 Savers; 
Whereas this first America Saves Week, February 25–March 
4, 2007, is being introduced as an annual event to focus 
all of us on the need and opportunities for financial ac-
tion; and 
Whereas the issue of establishing emergency savings is a pri-
mary focus for this introductory America Saves Week: 
Now, therefore, be it 
Resolved, That the House of Representatives— 
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•HRES 204 IH 
(1) recognizes the importance of increasing the 
savings rate and reducing consumer indebtedness in 
the United States through effective social marketing 
campaigns; 
(2) supports the goals and ideals of America 
Saves Week; and 
(3) encourages the President to issue a procla-
mation calling upon the people of the United States 
to participate in America Saves Week with appro-
priate activities. 
Æ 
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