Tax Slave to the World?
camel’s nose
Here’s another place Joe the Plumber’s increased taxes will go. ...oh, and yours ...and mine.
The Global Poverty Act of 2007 currently before Congress, is superfluous, misguided, and dangerous…
[recommended read]
Its current status:
search for: H.R.1302 and S.2433
Latest Major Action: 4/24/2008 Placed on Senate Legislative Calendar under General Orders. Calendar No. 718....The Global Poverty Act does not mandate new spending by the United States, nor does it commit the United States to any future spending. This bill does not commit the United States to advance the other Millennium Development Goals. Similarly, this bill does not commit the United States to other United Nations policy goals or imply concurrence with any other United Nations statements.
... implementing S. 2433 would cost less than $1 million per year, assuming the availability of appropriated funds.
Which is true - this bill requires only that “the President ... develop and implement a comprehensive strategy.” It’s that strategy to achieve “Millennium Development Goal of reducing by one-half the proportion of people worldwide...who live on less than $1 per day” that’s gonna cost us.
The legislation would commit the U.S. to spending 0.7 percent of gross national product on foreign aid, which amounts to a phenomenal 13-year total of $845 billion over and above what the U.S. already spends.
From the UN:
The commitment to provide 0.7% of gross national product (GNP) as official development assistance was first made 35 years ago in a General Assembly resolution, but it has been reaffirmed repeatedly over the years… However, in 2004, total aid from the industrialized countries totaled just $78.6 billion —or about 0.25% of their collective GNP.
Here’s an interesting piece of the over-all puzzle - any quid pros in this quo?
Senator Joe Biden, chairman of the Senate Foreign Relations Committee… on Thursday, February 14, ... is trying to rush Obama’s “Global Poverty Act” (S.2433) through his committee.
FYI: United Nations Millennium Declaration
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