America the generous

The White House has been reluctant to provide funding to the Global Fund, the international group that has been devoted to fighting AIDS. Last year, Congress cut the U.S. pledge to the Global Fund to Fight AIDS, Tuberculosis and Malaria to $350 million – almost $200 million less than the previous year's donation. The White House has also blocked the Fund from receiving $88 million that Congress appropriated in fiscal year 2004, claiming that other nations were not doing their fair share. In fact, "Europe contributes over 50 percent of the Fund's total contributions while the U.S. with an equal share of the global economy will end up contributing less than one-third."
  American Progress article

World leaders from 189 countries pledged in New York in 2000 to halve extreme poverty by 2015 for the world's 1 billion people who survive on less than $1 a day, and to reduce hunger and reverse the spread of AIDS and malaria.

Sachs said governments and international development and financial institutions, including the World Bank and the International Monetary Fund, have not devised a strategy to achieve the goals.

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[M]ost rich governments have fallen far short of their commitment at the U.N. Millennium Summit in 2000 to set aside 0.7 percent of their gross national product to fight global poverty.

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Only five countries -- Sweden, Denmark, Luxembourg, the Netherlands and Norway -- have met the goal, which was reaffirmed by President Bush and other world leaders at the 2002 conference on international finance at Monterrey, Mexico.

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The United States, the world's richest country with an $11 trillion economy, provides 0.15 percent, or $16.3 billion, of its gross national product for overseas development assistance. It would need to spend $30 billion more a year to reach the 0.7 percent target.

[...]

The plan also calls on poor countries to dramatically increase spending on anti-poverty initiatives, including research that advances health care, improves crop yields and preserves the environment. The report cites inexpensive "quick fix" initiatives -- such as eliminating fees for schools, health clinics and antiretroviral drugs for AIDS victims -- that could save millions of lives.
  WaPo article

Never mind that he doesn't actually support it, how did Bush ever sign off on that? Didn't read it I guess. That's socialism. That's the Venezuelan program, which Washington so consistently villifies.