Critics Question U.S. Aid to China Amid Debt Woes
Critics Question U.S. Aid to China Amid Debt Woes
Published August 09, 2011
| FoxNews.com
With America still drowning in debt, critics in and outside of Congress say it’s time to reassess U.S. foreign aid -- especially to China.
"We started looking at the contracts and it was rather amazing that the No. 1 recipient of these taxpayer dollars were Chinese-state owned corporations," said Sen. Jim Webb, D-Virginia, referring to $320 million dollars worth of U.S. government contracts let to China. "I think we can take a good hard look where we're giving foreign aid."
The U.S. provided $47 million in "development aid" to China in 2010, even though the nation is already a military and economic giant and the world's only other true superpower.
The aid helped rural Chinese get on the Internet and improve public infrastructure - including metro train service in Guangzhou. Much of the aid is also channeled through the U.S. National Institutes of Health.
"Here we are sending money to a nation that we are diametrically opposed to in a time when America is broke," said Andrea Lafferty, of the Traditional Values Coalition. "People are losing their homes and jobs, so why are we giving money to China?"
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