Keith Ellison on Welfare & Poverty

Develop a strategy to eliminate extreme global poverty.

A BILL to require the President to develop and implement a comprehensive strategy to further the United States foreign policy objective of promoting the reduction of global poverty, the elimination of extreme global poverty, and the achievement of the Millennium Development Goal of reducing by one-half the proportion of people worldwide, between 1990 and 2015, who live on less than $1 per day.

Congress makes the following findings:
1. More than 1 billion people worldwide live on less than $1 per day, and another 1.6 billion people struggle to survive on less than $2 per day.
2. At the UN Millennium Summit in 2000, the US 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 UN Millennium Development Goals include the goal of reducing by 1/2 the proportion of people 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.

REQUIREMENT TO DEVELOP COMPREHENSIVE STRATEGY: The US Government shall develop and implement a comprehensive strategy to further the US foreign policy objective of promoting the reduction of global poverty, the elimination of extreme global poverty, and the achievement of the Millennium Development Goal of reducing by 1/2 the proportion of people worldwide who live on less than $1 per day. The strategy shall include specific and measurable goals, efforts to be undertaken, benchmarks, and timetables to achieve the objectives.

Reduce the concentration of wealth & wage inequality.

Economic inequality is the result of two and a half decades of government policies and rules governing the economy being tilted in favor of large asset owners at the expense of wage earners. Tax policy, trade policy, monetary policy, government regulations and other rules have reflected this pro-investor bias. We propose the introduction or reintroduction of a package of legislative initiatives that will close America’s economic divide and address both income and wealth disparities.

The Progressive Caucus could take the lead in the formation of a national leadership steering committee to put this dramatic issue before the public through coordinated media campaigns and local education and action forums. The political program should be concerned with:
• Reducing wage inequality: We are proposing initiatives to both raise the minimum wage floor and prevent the tax code from subsidizing excessive compensation.
• Asset-building initiatives: The government has historically given land to citizens. Unfortunately, the programs were discriminatory toward people of color and kept a whole generation of people off the asset-building train. We are proposing a universal asset building approach that will dramatically reduce the number of “asset less” households and reduce the disparity of wealth for all Americans.
• Addressing the over concentration of wealth and power: The concentration of wealth is a problem because it distorts our democracy, destabilizes the economy and erodes our at our social and cultural fabric. Too much concentrated wealth leads to too much concentrated power and begins to undermine our participatory democracy.