Congressman Young’s History against the Hoosier Worker and Our Veterans

 

INDIANAPOLIS – Congressman Todd Young is nowhere to be seen following the primary election. It is safe to say his absence is partly because he has a record of siding against Hoosiers.

In 2015, Congressman Young had the opportunity to defend Hoosier steelworkers by voting for a requirement that would have held China accountable for currency manipulation practices. He voted against that measure. And when it came to protecting our veterans and active servicemembers, Young sided with his Party in Washington, D.C.  instead of Hoosiers  by voting for a bill that prioritized debt payments to China ahead of programs aimed at aiding those who protect our nation.

“Who’s Todd Young? A finger-pointing, never-at-fault politician who will blindly put the opinions of out-of-touch Washington, D.C. politicians ahead of the well-being of Hoosiers,” said John Zody, Chairman. “Young supported regulations that shipped steel jobs out of the state while also supporting measures that prioritized debt payments ahead of paying for our veterans and servicemembers. In short, Congressman Young will not hesitate to turn his back on Hoosiers in order to appease the ideologues in Washington.”

BACKGROUND INFORMATION BELOW: 

Young Voted Against Requiring The United States Trade Representative To Investigate Currency Manipulation By Foreign Governments And Public Entities. In December 2015, Young voted against a: “Kuster, D-N.H., motion to instruct conferees to agree to the provisions contained in Subtitle A of Title 7 in the Senate amendment, which requires the United States Trade Representative to investigate currency manipulation by foreign governments and public entities and specifies the methodology with which the Trade Representative determines currency manipulation.” The motion was rejected 193-232. [CQ, 12/2/15; HR 644, Vote 655, 12/2/15]

Young Voted To Allow The Treasury Department To Continue Borrowing Once The Statutory Debt Limit Was Reached, To Pay The Principal And Interest On Government Debt And Obligations From The Social Security Trust Fund. In May 2013, Young voted for: “Passage of the bill that would allow the Treasury Department to continue borrowing once the statutory debt limit is reached, to pay the principal and interest on government debt and obligations from the Social Security Trust Fund. It would require the Treasury Department to report weekly to the House Ways and Means and Senate Finance committees as long as the special borrowing authority is in use. As amended, it also would prohibit the Treasury secretary from borrowing above the debt limit to pay for compensation for members of Congress.” The vote passed by a 221-207 vote. [CQ, 5/9/13; H.R. 807, Vote 142, 5/9/13]

  • The Bill Would Prioritize Debt Payments To China Ahead Of Paying Veterans And Troops.“House Speaker John Boehner (R-Ohio) on Tuesday essentially agreed with Democrats’ arguments that a Republican bill to prioritize debt payments would put China before U.S. troops — except he suggested that would be a good thing. During an interview with Bloomberg TV, Boehner was asked about this week’s vote on the Full Faith and Credit Act, which, in the event that the U.S hits its debt ceiling, would direct the treasury secretary to pay only the principal and interest owed to bondholders before making any other payments. Money for other payments, such as those for veterans, Medicare and national security, would have to be divvied up from what remained of the scarce federal funds. […] When show host Peter Cook asked if Boehner’s comments mean that, as Democrats have suggested, Republicans are basically choosing to pay China before paying U.S. troops, Boehner didn’t disagree. ‘Listen. Those who have loaned us money, like in any other proceeding, if you will, court proceeding, the bondholders usually get paid first. Same thing here,’ Boehner said. Notably, the description of a court proceeding where bondholders get paid first is not just any court proceeding. It’s a bankruptcy court proceeding.” [Huffington Post, 5/7/13]

Young Voted Against Allowing For Provisions To Enforce Securities Laws To Prevent Takeovers Of U.S. Businesses By Non-U.S. Persons Including Government-Owned Corporations From China. In May 2016, Young voted against a: “Waters, D-Calif., motion to recommit the bill to the House Financial Services Committee and report it back immediately with an amendment that would stipulate that the bill does not reduce ability of the Securities and Exchange Commission to protect pensions for first responders, teachers and retirees against fraudulent and deceptive practices. It also would allow for provisions to enforce securities laws to prevent takeovers of U.S. businesses by non-U.S. persons including government-owned corporations from China.” The motion was rejected by a 179-217 vote. [CQ, 5/17/13; motion to recommit H.R. 1062, Vote 159, 5/17/13]

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