Never heard of it. Next the American tax payer has been tolerating giving billions to corrupt third word dictators for years at the hands of both Republicans and democrats. Now is different why?

Ok now I have done a bit of research:

But whoever came up with these figures isn't the final authority on these matters. The Congressional Budget Office is. And CBO's official cost estimate shows the $845 billion figure to be just a tad inflated. To wit:

S. 2433 would require the President to develop and implement a comprehensive strategy to reduce global poverty. The strategy should include, among other things, more effective forms of development assistance, coordination of efforts with other countries and international organizations, and continuation of existing initiatives to reduce poverty and disease in developing countries. The bill also would require the State Department to prepare several reports describing the strategy, its implementation, and the progress made on achieving the objectives for reducing global poverty.

Based on information from the State Department, CBO estimates that implementing S. 2433 would cost less than $1 million per year, assuming the availability of appropriated funds.

Now, I don't follow the particulars of global anti-poverty policy that closely, so perhaps I'm missing something. (I'll try to do some more checking in the morning.) But it certainly appears that the Republicans are telling a pretty bald-faced lie about Obama here.

Of course, that wouldn't be so new or surprising either, would it?