China has the world's second-largest economy and grew at more than 10 percent last year, yet Congress continues to dole out foreign aid to a country that holds more than one trillion dollars of U.S. government debt. Although long overdue, two U.S. lawmakers are speaking out against this seemingly illogical notion, as they pose the question: Why should the United States continue to shovel out taxpayers’ dollars to a communist nation that holds more than one trillion dollars of U.S. debt and competes in the same economic spheres?
Forty years ago on October 25th, the United Nations General Assembly ousted the Nationalist Chinese and gave China's seat to the murderous communist government in Beijing. The transfer was marked with jubilation and dancing in the aisles at UN headquarters in New York. Representatives of the many pro-communist UN member states delightedly interpreted the UN's move as a huge slap in the face to the United States.
The White House announced that once again, the United States would be reevaluating its defense partnership with the Republic of China on Taiwan. The administration decided last month that the arms package it would be selling to Taipei would be sorely reduced; the Pentagon has chosen not to sell Taiwan 66 late-model F-16 aircraft, a deal potentially valued at over $8 billion, after years of debate over whether to supply the free Chinese island with advanced strike aircraft to upgrade its aging air force. Instead, administration and congressional officials said the new arms package will include weapons and equipment to upgrade its existing F-16 jets, worth about $4.2 billion.