Grouchy Old Utard

(1) More than 1,000,000,000 people worldwide live on less than $1 per day, and another 1,600,000,000 people struggle to survive on less than $2 per day, according to the World Bank.

(2) At the United Nations Millennium Summit in 2000, the United States joined more than 180 other countries in committing to work toward goals to improve life for the world's poorest people by 2015.

(3) The year 2007 marks the mid-point to the Millennium Development Goals deadline of 2015.

(4) The [Struck out->] United Nations [<-Struck out] Millennium Development Goals include the goal of reducing by one-half the proportion of people worldwide, between 1990 and 2015, that live on less than $1 per day, cutting in half the proportion of people suffering from hunger and unable to access safe drinking water and sanitation, reducing child mortality by two-thirds, ensuring basic education for all children, and reversing the spread of HIV/AIDS and malaria, while sustaining the environment upon which human life depends.

(5) On March 22, 2002, President George W. [Struck out->] Bush stated [<-Struck out] Bush participated in the International Conference on Finance for Development and endorsed the Monterey Consensus, stating: `We fight against poverty because hope is an answer to terror. We fight against poverty because opportunity is a fundamental right to human dignity. We fight against poverty because faith requires it and conscience demands it. We fight against poverty with a growing conviction that major progress is within our reach.'.

(6) The 2002 National Security Strategy of the United States notes: `[A] world where some live in comfort and plenty, while half of the human race lives on less than $2 per day, is neither just nor stable. Including all of the world's poor in an expanding circle of development and opportunity is a moral imperative and one of the top priorities of U.S. international policy.'.

(7) The 2006 National Security Strategy of the United States notes: `America's national interests and moral values drive us in the same direction: to assist the world's poor citizens and least developed nations and help integrate them into the global economy.'.

(8) The bipartisan Final Report of the National Commission on Terrorist Attacks Upon the United States released in 2004 recommends: `A comprehensive United States strategy to counter terrorism should include economic policies that encourage development, more open societies, and opportunities for people to improve the lives of their families and enhance prospects for their children.'.

(9) At the summit of the Group of Eight (G-8) nations in July 2005, leaders from all eight participating countries committed to increase aid to Africa from the current $25,000,000,000 annually to $50,000,000,000 by 2010, and to cancel 100 percent of the debt obligations owed to the World Bank, African Development Bank, and International Monetary Fund by 18 of the world's poorest nations.

(10) At the United Nations World Summit in September 2005, the United States joined more than 180 other governments in reiterating their commitment to achieve the [Struck out->] United Nations [<-Struck out] Millennium Development Goals by 2015.

(11) The United States has recognized the need for increased financial and technical assistance to countries burdened by extreme poverty, as well as the need for strengthened economic and trade opportunities for those countries, through significant initiatives in recent years, including the Millennium Challenge Act of 2003 (22 U.S.C. 7701 et seq.), the United States Leadership Against HIV/AIDS, Tuberculosis, and Malaria Act of 2003 (22 U.S.C. 7601 et seq.), the Heavily Indebted Poor Countries Initiative, and trade preference programs for developing countries, such as the African Growth and Opportunity Act (19 U.S.C. 3701 et seq.).

[Struck out->] (12) In January 2006, United States Secretary of State Condoleezza Rice initiated a restructuring of the United States foreign assistance program, including the creation of a Director of Foreign Assistance, who maintains authority over Department of State and United States Agency for International Development (USAID) foreign assistance funding and programs. [<-Struck out]

[Struck out->] (13) [<-Struck out] (12) In January 2007, the Department of State's Office of the Director of Foreign Assistance added poverty reduction as an explicit, central component of the overall goal of United States foreign assistance. The official goal of United States foreign assistance is: `To help build and sustain democratic, well-governed states that respond to the needs of their people, reduce widespread poverty and conduct themselves responsibly in the international system.'.

[Struck out->] (14) Economic growth and poverty reduction are more successful in countries that invest in the people, rule justly, and promote economic freedom. These principles have become the core of several development programs of the United States Government, such as the Millennium Challenge Account. [<-Struck out]

(1) Continued investment or involvement in existing United States initiatives related to international poverty reduction, such as the United States Leadership Against HIV/AIDS, Tuberculosis, and Malaria Act of 2003 (22 U.S.C. 7601 et seq.), the Millennium Challenge Act of 2003 (22 U.S.C. 7701 et seq.), and trade preference programs for developing countries, such as the African Growth and Opportunity Act (19 U.S.C. 3701 et seq.).

(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) Leveraging United States trade policy where possible to enhance economic development prospects for developing countries.

(5) Coordinating efforts and working in cooperation with developed and developing countries, international organizations, and international financial institutions.

(6) Mobilizing and leveraging the participation of businesses, United States and international nongovernmental organizations, civil society, and public-private partnerships.

(7) Coordinating the goal of poverty reduction [Struck out->] with other development goals, such as combating the spread of preventable diseases such as HIV/AIDS, tuberculosis, and malaria, increasing access to potable water and basic sanitation, reducing hunger and malnutrition, and improving access to and quality of education at all levels regardless of gender. [<-Struck out] with the other internationally recognized Millennium Development Goals, including eradicating extreme hunger and reducing hunger and malnutrition, achieving universal education, promoting gender equality and empowering women, reducing child mortality, improving maternal health, combating the spread of preventable diseases such as HIV/AIDS, tuberculosis, and malaria, increasing access to potable water and basic sanitation, ensuring environmental sustainability, and achieving significant improvement in the lives of at least 100,000,000 slum dwellers.

(8) Integrating principles of sustainable development and entrepreneurship into policies and programs.

(1) INITIAL REPORT-

(2) SUBSEQUENT REPORTS- Not later than December 31, 2012, and December 31, 2015, the President shall submit to the appropriate congressional committees reports on the status of the implementation of the strategy, progress made in achieving the global poverty reduction objectives described in subsection (a), and any changes to the strategy since the date of the submission of the last report.

(1) APPROPRIATE CONGRESSIONAL COMMITTEES- The term `appropriate congressional committees' means--

(2) EXTREME GLOBAL POVERTY- The term `extreme global poverty' refers to the conditions in which individuals live on less than $1 per day, adjusted for purchasing power parity in 1993 United States dollars, according to World Bank statistics.

(3) GLOBAL POVERTY- The term `global poverty' refers to the conditions in which individuals live on less than $2 per day, adjusted for purchasing power parity in 1993 United States dollars, according to World Bank statistics.

(4) MILLENNIUM DEVELOPMENT GOALS- The term `Millennium Development Goals' means the goals set out in the United Nations Millennium Declaration, General Assembly Resolution 55/2 (2000).