This Bill is estimated conservatively to cost Taxpayers about $400 billion each year for 12 years. Or $4.8 Trillion $4,800,000,000. Some won't even estimate about it's cost.

ANOTHER ESTIMATE:

The noble sounding name of this bill, 'The Global Poverty Act' is actually a Global Tax, payable to the United Nations, that will be required of all American taxpayers. If passed in the Senate, the House has already passed it, this bill would require the U.S. to increase our foreign aid by $65 BILLION per year, or $845 BILLION over the next 13 years! That's on top of the billions of dollars in foreign aid we already pay out!


Who's Obama working for again? remind me.

http://www.govtrack.us/data/us/bills.tex.../s2433.pdf

http://www.govtrack.us/congress/bill.xpd?bill=s110-2433

http://www.opencongress.org/bill/110-s2433/show

Quote:Mr. OBAMA (for himself, Mr. HAGEL, Ms. CANTWELL, Mrs. FEINSTEIN, Mr. LUGAR, Mr. DURBIN, Mr. MENENDEZ, Mr. BIDEN, Mr. DODD, Mr. FEINGOLD, Ms. SNOWE, Mrs. MURRAY, Mr. HARKIN, Mr. JOHNSON, Mr. SMITH, and Mr. KERRY) introduced the following bill; which was read twice and referred to the Committee on Foreign Relations

S. 2433: Global Poverty Act of 2007



Global Poverty Act of 2007

A bill to require the President to develop and implement a comprehensive strategy to further the United States foreign policy objective of promoting the reduction of global poverty, the elimination of extreme global poverty, and the achievement of the Millennium Development Goal of reducing by one-half the proportion of people worldwide, between 1990 and 2015, who live on less than $1 per day.

Official: A bill to require the President to develop and implement a comprehensive strategy to further the United States foreign policy objective of promoting the reduction of global poverty, the elimination of extreme global poverty, and the achievement of the Millennium Development Goal of reducing by one-half the proportion of people worldwide, between 1990 and 2015, who live on less than $1 per day. as introduced.
Short: Global Poverty Act of 2007 as reported to senate.

Short: Global Poverty Act of 2007 as introduced.
4/24/2008--Reported to Senate amended. Global Poverty Act of 2007 - Directs the President, through the Secretary of State, to develop and implement a comprehensive strategy to further the U.S. foreign policy objective of promoting the reduction of global poverty, the elimination of extreme global poverty, and the achievement of the United Nations Millennium Development Goal of reducing by one-half the proportion of people, between 1990 and 2015, who live on less than $1 per day. Requires the strategy to contain specific and measurable goals and to consist of specified components, including:
(1) continued investment or involvement in existing U.S. initiatives related to international poverty reduction and trade preference programs for developing countries;
(2) improving the effectiveness of development assistance and making available additional overall United States assistance levels as appropriate;
(3) enhancing and expanding debt relief as appropriate;
(4) mobilizing and leveraging the participation of businesses and public-private partnerships;
(5) coordinating the goal of poverty reduction with other internationally recognized Millennium Development Goals; and
(6) integrating principles of sustainable development and entrepreneurship into policies and programs. Sets forth specified reporting requirements. Directs the Secretary of State to designate a coordinator who will have primary responsibility for overseeing and drafting the reports, as well as responsibility for helping to implement recommendations contained in the reports. Defines specified terms.

400 billion reasons that Hillary wants the Sec. of State job maybe?

.

You know people get angry at the U.S. for all the Foreign Aid We "Could Do and Don't", rather than see that most of our money ends up feeding the illegal Militia's and Despots that come in and Steal the Food and Medicines we send to Poverty stricken countries and regions.

Any one from Pilots that fly the stuff in too unarmed Missionary's on the ground have had to just stand back with AK47's in their faces and watch these Marauding Bands of Guerilla Fighters take every ounce of Goods off every plane or truck before one bit of it can be given to a Starving Child.

How do we deal with that part of it - - if you send aid and it only fattens the Problem and helps not one in Real Need, when do you say Enough is Enough and Feed Your Own Starving People.

I am conflicted by this dilemma .... I have seen starving Children and it is an ugly ugly sight to behold, but the Problem is the Despots, and as long as they Survive on our Free Food and Medicines, we are simply compounding that problem.

AHHHHHHHH - - I guess if just '1' Truck load a month gets thru to Starving Children, then it is worth it. I would rather know that a little baby died with a Full Stomach than the painful empty one he has lived with all his little life.

Pitiful man ... just pitiful ...

.

SumOfAllFears Wrote:This Bill is estimated conservatively to cost Taxpayers about $400 billion each year for 12 years. Or $4.8 Trillion $4,800,000,000. Some won't even estimate about it's cost.

That should read $4,800,000,000,000.....

Tripster Wrote:.

You know people get angry at the U.S. for all the Foreign Aid We "Could Do and Don't", rather than see that most of our money ends up feeding the illegal Militia's and Despots that come in and Steal the Food and Medicines we send to Poverty stricken countries and regions.

It's getting scary Tripster, we're agreeing again. Though there are obviously situations where aid is warranted (particularly after natural disasters), too often it winds up in the wrong hands. Of course, with the level of corruption even in some of the legitimate governments, some times the "right" hands are really the wrong ones too.