MUNCESI, Ind. – U.S. Senator Todd Young, R-Ind., said local officials need to prepare for fewer federal dollars coming from Washington, DC.
“It’s going to be tough for a while,” Young told his audience at the ECI Regional Planning District Quarterly Meeting at the Innovation Connector Building on Tuesday.
Young said large amounts of money made available to local governments during the COVID pandemic are running out. The money would still be available but going forward a case would have to be made showing the need for it.
Young came to Muncie on Tuesday to discuss the issues he and the US Senate are addressing as well as hear from constituents. The planning district leadership asked Young preemptive questions regarding some of his efforts in the Senate, including efforts to return the manufacturing of microchips to the United States.
He said the United States needs access to semiconductors in sufficient quantities to keep manufacturing of everything from automobile components to national defense and weapons systems going. The US now relies on Taiwan for most of its microchips. China, which Young said is the primary national security threat to this generation, also produces chips.
The senator said that Congress is looking at ways to develop more technology-driven production so that the United States can not only achieve technological breakthroughs, but also manufacture the resulting product, so we “need to go to Asia to increase production.” Not there” .”
Young said that often when the United States goes to China to produce products, the intellectual property behind the product is stolen.
The development of synthetic biology is where genes are manipulated to create various living products.
Young said, “We should own it.”
He also said in the district meeting that artificial intelligence would be a boon.
While people fear the potential misuse of AI right now, he said, those issues will be overcome and exploited.
“Think of the incredible opportunities for AI,” Young said. “…we’re still very far ahead.”
He said that we do not want others to fall prey to it. The United States wants to stay ahead. He said, change is going to happen fast and the world is going to move fast, even if the country would like it to slow down.
“We all have to up our game,” Young said.
yeah in my ass act
Young is the Senate sponsor of legislation called the Yes in My Backyard Act, or YIMBY. Its purpose is to encourage localities to eliminate discriminatory land use zoning policies and remove barriers that prevent the construction of needed housing.
The act would require community development block grant recipients to report periodically on how they are eliminating discriminatory land use policies and implementing affordable housing policies that are inclusive.
On the subject of housing, Muncie Mayor Dan Ridenour told Young that Indiana could fall behind on a federal program administered by the states that provides income tax credits to developers of affordable housing.
Ridenour told Young that he talked with the Indiana Housing and Community Development Authority that developers who work in other states are choosing to move to other states to build affordable housing projects.
Ridenour said Muncie has done well in the program, which enables development owners to charge less rent in exchange for income tax credits. Riverbend Flats at Memorial and Burlington Drive is one such development.
But Meyer said developers are telling him the program administered in Indiana is not as flexible or user-friendly and one told Ridenour that his company is choosing to close business in the Hoosier state.
Ridenour said it would be helpful if the federal government, which finances the program, asked states to make the program more user-friendly.
Young encouraged the crowd, which included a group of local officials, to make the matter an issue in the upcoming gubernatorial election in Indiana. Indiana will elect a new governor in 2024.
David Pantikoff is a reporter with The Star Press. He can be reached at email@example.com.