'Global Poverty Act' to cost each citizen $2,500 or more

Obama's $845 billion U.N. plan forwarded to U.S. Senate floor

The U.S. Senate soon could debate whether you, your spouse and each of your children – as well as your in-laws, parents, grandparents, neighbors and everyone else in America – each will spend $2,500 or more to reduce poverty around the world.

The plan sponsored by Sen. Barack Obama, the presumptive Democratic presidential nominee, is estimated to cost the U.S. some $845 billion over the coming few years in an effort to raise the standard of living around the globe.

S.2433 already has been approved in one form by the U.S. House of Representatives and now has been placed on the Senate Legislative Calendar for pending debate.

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