The public policy group America’s Survival, warned today that an “outcome document” already endorsed by the Obama Administration and prepared in advance of the September 20-22 United Nations “Summit on the Millennium Development Goals” promotes “innovative finance mechanisms” i.e. global taxes in order to funnel more American wealth to the rest of the world.

The phrases, “Innovative finance mechanisms” and “international financial transactions” are featured in the 31-page “outcome document” that is supposed to be approved by President Obama and other world leaders meeting at the U.N. in New York next week. The document, according to the website of the conference, was “informally agreed in negotiations, and the General Assembly transmitted the text to the Summit (High-level Plenary Meeting) for adoption.” It is expected that Obama will approve the document.

The document affirms the so-called “Monterrey Consensus” that committed nations to spending 0.7 percent of Gross National Product (GNP) on official development assistance (ODA), otherwise known as foreign aid. Over a 13-year period, from 2002, when the U.N.’s Financing for Development conference was held, to the target year of 2015, when the U.S. is expected to meet the Millennium Development Goals, this amounts to $845 billion, according to Jeffrey Sachs of the U.N.’s Millennium Project.

Note: the outcome document can be found at

http://www.un.org/en/mdg/summit2010/pdf/Draft%20outcome%20document.pdf