The last time I checked the US wasn’t lending any money to China it is China who is lending to the US. Since we already have a deficit, that 40 Billion would have to be borrowed from China.Lend that 40 Billion a month to American Taxpayers instead of China.
One last thing, if you believe Government is the solution to the problem that Government created then your screwed. Many in the government believe we should get rid of private property anyway so why would they actually wish to solve this issue that they (Government) created.
More Government is NEVER the correct answer.