WASHINGTON — Congress recognized the importance of financial literacy in the conference report on the Head Start for School Readiness Act (H.R. 1429), which re-authorizes the Head Start program.

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One provision of the bill includes financial literacy in the definition of "Parent literacy." In a second reference under the "allotment of funds," financial literacy classes or in-service programs are included as an authorized use of appropriated Head Start funds. The conference report–an agreement between House and Senate conferees–on H.R. 1429 was up for a vote at press time.

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