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Obama bill: $845 billion more for global poverty

No.699914 View ViewReplyOriginalReport
Democrat sponsors act OK'd by Senate panel that would cost 0.7% of gross national product

Sen. Barack Obama, perhaps giving America a preview of priorities he would pursue if elected president, is rejoicing over the Senate committee passage of a plan that could end up costing taxpayers billions of dollars in an attempt to reduce poverty in other nations.

The bill, called the Global Poverty Act, is the type of legislation, "We can – and must – make … a priority," said Obama, a co-sponsor.

It would demand that the president develop "and implement" a policy to "cut extreme global poverty in half by 2015 through aid, trade, debt relief" and other programs.

When word about what appears to be a massive new spending program started getting out, the reaction was immediate.

"It's not our job to cut global poverty," said one commenter on a Yahoo news forum. "These people need to learn how to fish themselves. If we keep throwing them fish, the fish will rot."

Many Americans were alerted to the legislation by a report from Cliff Kincaid at Accuracy in Media. He published a critique asserting that while the Global Poverty Act sounds nice, the adoption could "result in the imposition of a global tax on the United States" and would make levels "of U.S. foreign aid spending subservient to the dictates of the United Nations."

He said the legislation, if approved, dedicates 0.7 percent of the U.S. gross national product to foreign aid, which over 13 years he said would amount to $845 billion "over and above what the U.S. already spends."