Suspected Chinese hackers gained access to a wide array of U.S. weapons and defense systems, according to a new report. Among the information that was compromised included sensitive information related to the the Patriot missile defense program, the V-22 Osprey, the Black Hawk helicopter, the Navy’s new Littoral Combat Ship and F-35 Joint Strike Fighter.

The widening campaign of spying is expected to be on the agenda when President Obama meets with China's president next week. Megyn Kelly discussed the new revelations with FBN's Lou Dobbs, including whether President Obama is doing enough to crack down on the Chinese spying.

Megyn questioned whether the U.S. can really do anything significant given how much the country relies on China in terms of borrowing money.

"They own us. That's the theory. And there's only so threatening you can be to your landlord or to your bank or to somebody who owns you," she said. Dobbs disputed the choice of words, but said he agreed with her point overall. Dobbs argued that the lack of action by the government and lawmakers shows how "gutless" the U.S. is when it comes to this issue.

He said the spying by Beijing goes back to the Clinton administration and it has gotten worse and worse through the Bush and Obama administrations.