Two weeks ago, the United States national debt surpassed $16 trillion. To put that into perspective, that is more than $50,000 per person in the U.S. To finance this overwhelming debt, the U.S. is borrowing roughly 40 cents of every dollar we spend, a good portion of it from foreign countries like China.

There are many news stories highlighting instances where the federal government wastes our money, but Americans may not be aware that our federal government is actually using taxpayer dollars to subsidize projects that benefit our foreign competitors, including China.