http://www.bread.org/take-action/ol2008/global-poverty-act.htmlhttp://www.bread.org/take-action/ol2008/gpa-fact-sheet.pdfMYTH: The Global Poverty Act would commit the U.S. to spending 0.7 percent of its gross national product on foreign aid. This would require a new tax on all Americans.
TRUTH: The legislation neither authorizes nor obligates the federal government to spend more money. Rather, it seeks to put our current foreign aid programs into a comprehensive strategy involving trade policy, debt cancellation, and private sector efforts to ensure that existing U.S. programs are more effective and efficient. The legislation calls for a strategy to determine the right mix of aid, trade and debt policies and investment. The strategy also includes the private sector, civil society organizations, and the developing countries themselves as critical components in global development. The Congressional Budget Office has estimated the bill would cost less than $1 million to implement.
I did read that $845 billion figure elsewhere, it's based on 0.7% of GNP over a period of years (13?). I believe it's money that is sort of alreadly budgeted to go to the UN, just being utilized in a different, more efficient manner.
It's hard to find anything that's not partisan one way or the other on it. Habitiat backs it https://secure.habitat.org/c.ffIPKYOBJqG/b.2400789/siteapps/advocacy/ActionItem.aspx?kntaw14497=3142D389D829454D8AA9630816EB1C7A
Sorry, can't find much else