WHAT: The U.S. gave away a total of $1.4 billion in foreign aid during fiscal year 2010 to 16 countries that owned at least $10 billion of our Treasury securities, according to the Congressional Research Service.
WHO: Creditor nations getting foreign aid included China, Brazil, India and Egypt. Russia held $128 billion in U.S. debt and received $71.5 million in aid.
WHY IT’S OUTRAGEOUS: As Sen. Tom Coburn, R-Okla., put it, “If countries can afford to buy our debt, perhaps they can afford to fund assistance programs on their own.”






