Obama's Global Tax

Senator Barack Obama's sponsorship of Senate Bill 2433 aligns with the emerging core theme of his general election campaign.  The change he promises will bring much-needed relief, not just to America's victims of economic injustice, but to victims worldwide.On December 7, 2007, Obama introduced the Senate version of the Global Poverty Act of 2007 (S.2433).  On February 13, the bill cleared the Senate Committee on Foreign Relations, on which Obama and 6 (Biden, Dodd, Feingold, Hagel, Lugar, Menendez) of the bill's 9 co-sponsors serve. The House version of the bill (H.R.1302) passed by a unanimous voice vote last September 25.  Here's an abstract  of the proposed legislation:"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 [U.N.] Millennium Development Goal of reducing...(Read Full Article)