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Kincaid Still Lying About Poverty Bill Cost

Posted on July 24, 2008

 A July 22 Accuracy in Media column by Cliff Kincaid references “Senator Barack Obama’s Global Poverty Act,” adding, “This costly $845 billion bill commits the U.S. to spending 0.7 percent of gross national product on foreign aid to meet United Nations objectives.”

No, it doesn’t. As we’ve repeatedly noted every time Kincaid makes this false claim, the bill has no funding mechanism, doesn’t commit the U.S. to a targeted level of spending, and doesn’t give the United Nations the power to impose a tax on the U.S.

Nevertheless, Kincaid repeats the claim in a July 23 AIM Report, falsely stating that the Global Poverty Act “commits the U.S. to spending .7 percent of our gross national product on foreign aid, at a cost over 13 years of $845 billion.”

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