sorry to cloud this thread with facts but here is the actual bill, read it yourself and see how inaccurate this thread is for yourself
http://www.opencongress.org/bill/110-s2433/text
[QUOTE]S 2433 ISRS
110th CONGRESS Calendar No. 718
1st 110th CONGRESS
2d Session
S. 2433
[Report No. 110-331]
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.
IN THE SENATE OF THE UNITED STATES
December 7, 2007
Mr. OBAMA (for himself, Mr. and 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
April 24, 2008
Reported by Mr. BIDEN, with amendments and an amendment to the title
[Omit the part struck through and insert the part printed in italic]
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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.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `Global Poverty Act of 2007'.
SEC. 2. FINDINGS.
Congress makes the following findings:
(1) More than 1,000,000,000 people worldwide live on less than $1 per day, and another 1,600,000,000 people struggle to survive on less than $2 per day, according to the World Bank.
(2) At the United Nations Millennium Summit in 2000, the United States joined more than 180 other countries in committing to work toward goals to improve life for the world's poorest people by 2015.
(3) The year 2007 marks the mid-point to the Millennium Development Goals deadline of 2015.
(4) The [Struck out->]United Nations [<-Struck out] Millennium Development Goals include the goal of reducing by one-half the proportion of people worldwide, between 1990 and 2015, that live on less than $1 per day, cutting in half the proportion of people suffering from hunger and unable to access safe drinking water and sanitation, reducing child mortality by two-thirds, ensuring basic education for all children, and reversing the spread of HIV/AIDS and malaria, while sustaining the environment upon which human life depends.
(5) On March 22, 2002, President George W. [Struck out->]Bush stated[<-Struck out] Bush participated in the International Conference on Finance for Development and endorsed the Monterey Consensus, stating: `We fight against poverty because hope is an answer to terror. We fight against poverty because opportunity is a fundamental right to human dignity. We fight against poverty because faith requires it and conscience demands it. We fight against poverty with a growing conviction that major progress is within our reach.'.
(6) The 2002 National Security Strategy of the United States notes: `[A] world where some live in comfort and plenty, while half of the human race lives on less than $2 per day, is neither just nor stable. Including all of the world's poor in an expanding circle of development and opportunity is a moral imperative and one of the top priorities of U.S. international policy.'.
(7) The 2006 National Security Strategy of the United States notes: `America's national interests and moral values drive us in the same direction: to assist the world's poor citizens and least developed nations and help integrate them into the global economy.'.
(8) The bipartisan Final Report of the National Commission on Terrorist Attacks Upon the United States released in 2004 recommends: `A comprehensive United States strategy to counter terrorism should include economic policies that encourage development, more open societies, and opportunities for people to improve the lives of their families and enhance prospects for their children.'.
(9) At the summit of the Group of Eight (G-8) nations in July 2005, leaders from all eight participating countries committed to increase aid to Africa from the current $25,000,000,000 annually to $50,000,000,000 by 2010, and to cancel 100 percent of the debt obligations owed to the World Bank, African Development Bank, and International Monetary Fund by 18 of the world's poorest nations.
(10) At the United Nations World Summit in September 2005, the United States joined more than 180 other governments in reiterating their commitment to achieve the [Struck out->]United Nations [<-Struck out] Millennium Development Goals by 2015.
(11) The United States has recognized the need for increased financial and technical assistance to countries burdened by extreme poverty, as well as the need for strengthened economic and trade opportunities for those countries, through significant initiatives in recent years, including the Millennium Challenge Act of 2003 (22 U.S.C. 7701 et seq.), the United States Leadership Against HIV/AIDS, Tuberculosis, and Malaria Act of 2003 (22 U.S.C. 7601 et seq.), the Heavily Indebted Poor Countries Initiative, and trade preference programs for developing countries, such as the African Growth and Opportunity Act (19 U.S.C. 3701 et seq.).
(12) In January 2006, United States Secretary of State Condoleezza Rice initiated a restructuring of the United States foreign assistance program, including the creation of a Director of Foreign Assistance, who maintains authority over Department of State and United States Agency for International Development (USAID) foreign assistance funding and programs.[Struck out->](13) [<-Struck out] (12) In January 2007, the Department of State's Office of the Director of Foreign Assistance added poverty reduction as an explicit, central component of the overall goal of United States foreign assistance. The official goal of United States foreign assistance is: `To help build and sustain democratic, well-governed states that respond to the needs of their people, reduce widespread poverty and conduct themselves responsibly in the international (14) Economic growth and poverty reduction are more successful in countries that invest in the people, rule justly, and promote economic freedom. These principles have become the core of several development programs of the United States Government, such as the Millennium Challenge Account.system.'.