mr. akaka: and, mr. president, i i introduced the college life act yesterday, which stands for college literacy and finance and economics. my bill is a response to the dire need in our country for greater financial literacy among young adults. financial literacy is an empowering skill. those who have a sound understanding of personal finance and economics are better prepared for the pivotal moments in life where decisions about money must be made. for many of us, financial independence begins during or immediately after college and brings with it new opportunities and challenges. as young adults, we make choices about purchasing a car and buying with credit cards instead of cash. from then on, financial choices increase in cost and magnitude. the financial decisions we make as young adults determine whether we go through life on sound financial footing. given the tremendous importance of my -- an early childhood financial choices and actions, it is troubling how unprepared young adults are for these chal

mr. president, on behalf of senator akaka, i call up amendment number 512. the presiding officer: the clerk will report. the clerk: the senator from vermont, mr. sanders for mr. akaka, proposes an amendment numbered 512. on page 48 -- mr. sanders: mr. president, i would ask contessa that -- ask consent that further reading of the amendment be dispensed with. the presiding officer: without objection. mr. sanders: with that, mr. president, i would yield the floor. the presiding officer: the senator from texas. mr. cornyn: mr. president, i am reading in press reports that some of my colleagues across the aisle are advocating another stimulus package, sometimes called government investment, otherwise called spending taxpayers' money that we don't have and borrowing it from our children and most immediately from the chinese that own a trillion dollars of our national debt. it is astonishing to me that after the last stimulus package early in 2009 failed to meet the president's own stated target of keeping unemployment to 8% or lower, that some of our colleagues ar

akaka. >> thank you, mr. chairman. i would like to say aloha and welcome to director panetta, who is a dear friend and a former colleague. there are so many things we can talk about. i want to tell you that i was impressed with your opening statement. what else can i say as we consider a person who was nominated by the president to be secretary of defense, who would be a tireless advocate of our military, and who will bring about support and sustain them. ? this will be in your thoughts and prayers. having a free country, a country that is skilled and you will continue to bring strong discipline and national defence for our country. with all of this, i want to wish you well. you certainly have my support. you will face significant challenges if confirmed. the men and women of the armed forces are involved in two major conflicts that are taking a tremendous toll on our armed forces. we must do all we can to care for them. fulfilling our sacred obligation is dependent on department of defense cooperation. you stated in y

akaka. >> thank you, mr. chairman. i would like to say aloha and welcome to director panetta, who is a dear friend and a former colleague. there are so many things we can talk about. i want to tell you that i was impressed with your opening statement. what else can i say as we consider a person who was nominated by the president to be secretary of defense, who would be a tireless advocate of our military, and who will bring about support and sustain them. ? this will be in your thoughts and prayers. having a free country, a country that is skilled and you will continue to bring strong discipline and national defence for our country. with all of this, i want to wish you well. you certainly have my support. you will face significant challenges if confirmed. the men and women of the armed forces are involved in two major conflicts that are taking a tremendous toll on our armed forces. we must do all we can to care for them. fulfilling our sacred obligation is dependent on department of defense cooperation. you stated in y

minimum -- bingaman, merkley, menendez, shaheen, sanders, lautenberg, reed of rhode island, durbin, akaka. mr. reid: mr. president, i ask unanimous consent the mandatory quorum under rule 22 be waived. the presiding officer: without objection. mr. reid: mr. president, i ask unanimous consent that when the senate completes its business today it adjourn until 10:30 a.m. on tuesday, june 7. following the prayer and pledge the journal of proceedings be approved to date, the morning hour deemed expired, the time for the two leaders be reserved for use later in the day. following leader remarks, senate proceed to a period of morning business for up to one hour with senators permitted to speak for up to ten minutes each with the time equally divided and controlled between the two leaders or their designees, with the republicans controlling the first half and the majority controlling the final half. following morning business the senate resume consideration of the motion to proceed to s. 782, the economic development act. further that the senate recess from 12:30 p.m. until 2:15 p.m. to allow for wee

akaka. >> thank you, mr. chairman. i would like to say aloha and welcome to director panetta, who is a dear friend and a former collgue. there are so many things we can talk about. i want to tell you that i was impressed with your opening statement. what else can i say as we consider a person who was nominated by the president to be secretary of defense, who would be a tireless advocate oour military, and who will bring about support and sustain them. ? this will be in your thoughts and prayers. having a free country, a country that is skilled and you will continue to bring strong discipline and national defence for our count. with all of this, i want to wish you well. you certainly have my support. you will face significant challenges if confirmed. the men and women of the armed forces are involved in two major conflicts that are taking a tremendous toll on our armed forces. we must do al we can to care for them. fulfilling our sacred obligation is dependent on department of defense cooperation. you stated in your res

akaka. >> thank you, mr. chairman. i would like to say aloha and welcome to director panetta, who is a dear friend and a former colleague. there are so many things we can talk about. i want to tell you that i was impressed with your opening statement. what else can i say as we consider a person who was nominated by the president to be secretary of defense, who would be a tireless advocate of our military, and who will bring about support and sustain them. ? this will be in your thoughts and prayers. having a free country, a country that is skilled and you will continue to bring strong discipline and national defence for our country. with all of this, i want to wish you well. you certainly have my support. you will face significant challenges if confirmed. the men and women of the armed forces are involved in two major conflicts that are taking a tremendous toll on our armed forces. we must do all we can to care for them. fulfilling our sacred obligation is dependent on department of defense cooperation. you stated in y

mr. chairman, madam chairman. [laughter] cementer akaka? >> thank you very much, senator collins. i deem it an honor to join you hear and to say thank you very much for sharing this important hearing again on type 1 diabetes and to share a commitment and passion in trying to move this along to improve the lives and quality-of-life for young people and people of the country and i also want to welcome you and our distinguished panelists to this hearing who have been so committed to this issue and a very special aloha to those children's congress delegates waiting to testify and those an audience all of you seated here. these are courageous young ambassadors who have traveled from all over the country and the world to educate us to share their stories of their own experiences to bring a human dimension to the policy debate. this shows how critical research and support is for diabetes and the hope for a cure. maybe it is a significantly held a problem in my home state of hawaii, and it is an increasing challenge for the nation. it is an issue that we will look at in the indian affairs

mr. chairman, madam chairman. [laughter] cementer akaka? >> thank you very much, senator collins. i deem it an honor to join you hear and to say thank you very much for sharing this important hearing again on type 1 diabetes and to share a commitment and passion in trying to move this along to improve the lives and quality-of-life for young people and people of the country and i also want to welcome you and our distinguished panelists to this hearing who have been so committed to this issue and a very special aloha to those chililwaiting to testify and thn audience all of you seated here. these are courageous young ambassadors who have traveled from all over the country and the world to educate us to share their stories of their own experiences to bring a human dimension to the policy debate. this shows how critical research and support is for diabetes and the hope for a cure. maybe it is a significantly held a problem in my home state of hawaii, and it is an increasing challenge for the nation. it is an issue that we will look at in the indian affairs committee. will be part of t

mr. chairman, madam chairman. [laughter] cementer akaka? >> thank you very much, senator collins. i deem it an honor to join you hear and to say thank you very much for sharing this important hearing again on type 1 diabetes and to share a commitment and passion in trying to move this along to improve the lives and quality-of-life for young people and people of the country and i also want to welcome you and our distinguished panelists to this hearing who have been so committed to this issue and a very special aloha to those children's congress delegates waiting to testify and those an audience all of you seated here. these are courageous young ambassadors who have traveled from all over the country and the world to educate us to share their stories of their own experiences to bring a human dimension to the policy debate. this shows how critical research and support is for diabetes and the hope for a cure. maybe it is a significantly held a problem in my home state of hawaii, and it is an increasing challenge for the nation. it is an issue that we will look at in the indian affairs