S 2433 · 110th Congress · International Affairs

Global Poverty Act of 2007

Introduced 2007-12-07· Sponsored by Sen. Obama, Barack [D-IL]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Placed on Senate Legislative Calendar under General Orders. Calendar No. 718.(2008-04-24)

Plain Language Summary

[AI summary unavailable — showing source text] Global Poverty Act of 2007 - Directs the President, through the Secretary of State, to develop and implement a comprehensive strategy to further the U.S. foreign policy objective of promoting the reduction of global poverty, the elimination of extreme global poverty, and the achievement of the United Nations 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. Requires the strategy to contain specific and measurable goals and to consist of specified components, including: (1) continued investment or involvement in existing U.S. initiatives related to international poverty reduction and trade preference programs for developing countries; (2) improving the effectiveness of development assistance and making available additional overall United States assistance levels as appropriate; (3) enhancing and expanding debt relief as appropriate; (4) mobilizing and leveraging the participation of businesses and public-private partnerships; (5) coordinating the goal of poverty reduction with other specified development goals; and (6) integrating principles of sustainable development and entrepreneurship …

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

S. 2433, Global Poverty Act of 2007

Mar 28, 2008

<p>Cost estimate for the bill as ordered reported by the Senate Committee on Foreign Relations on February 13, 2008</p>

Full CBO report ↗

S. 2433, Global Poverty Act of 2007

Mar 28, 2008

Cost estimate for the bill as ordered reported by the Senate Committee on Foreign Relations on February 13, 2008

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (20)

15 Democrats5 Republicans