Senators Decry Giving China Aid While Borrowing From Asian Nation

October 27, 2011 by Personal Liberty News Desk



China has loaned more than $1 trillion to the U.S. to fund its deficit-spending, a fact that many Senators have denounced since the United States provides the country with foreign aid, Fox News reported.

“Why in the world would we be borrowing money and then turn around and giving it back to the countries that we’re borrowing it from?â€