No possible reading of that bill produces any other meaning.

However. The summary says this:

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.

And in the definitions of the bill:

(4) MILLENNIUM DEVELOPMENT GOALS- The term `Millennium Development Goals’ means the goals set out in the United Nations Millennium Declaration, General Assembly Resolution 55/2 (2000).

Now, it might be your argument that the Summary is cherry-picking from the Millenium Development Goals, but the way it is written leaves open the possiblity that the UN could demand the other items from us. Now, we know the UN has the relative power of a AAA battery, but I’d like to just avoid the entire situation.

Stated intent:

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.

Close enough, as they say, for government work. The UN belongs nowhere near our money, even by suggestion (especially with a socialist at the helm of the country), and Obama is still desperately searching for something to which he can pin his name…this bill has been around in the same form since 2005.

The bill references the UN Millennium Development Goals, which in turn contains all sorts of completely unacceptable goals such as are quoted above. But in no way does the bill mandate or even advocate those other goals be pursued, nor does it mandate any particular methods (e.g., no spending targets or slaving of spending to UN levels.) The language is simply not there.

The only mandates are to develop a plan to address one of the goals of the UN MDG, specifically, the global poverty goal… and subsequently, to report on the execution of that plan. Those requirements are in section four of the text.