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Obama?s $845 billion U.N. plan forwarded to U.S. Senate floor
?Global Poverty Act? to cost each citizen $2,500 or more.
Posted: July 25, 2008
12:30 am Eastern
By Bob Unruh
© 2008 WorldNetDaily
The U.S. Senate soon could debate whether you, your spouse and each of your children ? as well as your in-laws, parents, grandparents, neighbors and everyone else in America ? each will spend $2,500 or more to reduce poverty around the world.
The plan sponsored by Sen. Barack Obama, the presumptive Democratic presidential nominee, is estimated to cost the U.S. some $845 billion over the coming few years in an effort to raise the standard of living around the globe.
S.2433 already has been approved in one form by the U.S. House of Representatives and now has been placed on the Senate Legislative Calendar for pending debate.
WND previously reported the proposal demands the president develop ?and implement? a policy to ?cut extreme global poverty in half by 2015 through aid, trade, debt relief? and other programs.
Cliff Kincaid at Accuracy in Media has 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.?
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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.?
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