Stunning examples of wasted tax money

POSTED: 08:23 AM PDT Apr 15, 2013 

See some of the most outrageous ways your tax dollars are squandered.

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In the red: America‘s national debt surpassed $16 trillion, much of which it borrowed from a variety of foreign countries. China, whose U.S. debt holdings exceed $1.1 trillion, is at the top of that list. Taxpayers might be shocked to learn that each year the United States provides millions in aid to China.

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