Former Sen. Chuck Hagel, R-Neb., President Obama’s likely nominee to head the Department of Defense, has a long history of introducing legislation aimed at massive U.S. funding for the Third World, even pushing a de facto global tax.
With Obama, Hagel co-sponsored the Global Poverty Act, which would have imposed a new “tax” on the U.S. requiring the country to add 0.7 percent of the gross national product to its overall spending on humanitarian aid.
For fiscal 2009, for example, the bill would have translated into up to $98 billion in required new aid.
The bill passed reading in the Foreign Affairs Committee in July 2008 but was never scheduled for a vote on the Senate floor.
A key section of the bill would have required the U.S. president to develop and implement a comprehensive strategy to achieve the United Nations Millennium Development Goal. The U.N. project purportedly aims to reduce by one-half the proportion of people worldwide who live on less than $1 per day.
Read more from this story HERE.