Congressman Scott Peters

Representing the 52nd District of California

Jobs and the Economy

Representative Scott Peters Working to Spur Growth for San Diego’s Economy


Read my full plan – “Growing the Economy and Creating Jobs in San Diego and Across the Country” – HERE

San Diego, and our country as a whole, is still recovering from one of the toughest recessions in America’s history. Stimulating job creation and economic growth is paramount on our path to recovery. In order to expand economic opportunities for the middle class and plan for a prosperous future, we must bolster the pillars of the San Diego economic engine: innovation and scientific research; the military, defense, and our veterans; and our world-renowned tourism industry.

I. Advancing the Innovation Economy, Scientific Research, & San Diego’s Talent-Rich Environment

San Diego is home to numerous innovative companies and research institutions. We must engage the bevy of talented institutions to drive our economy forward. In 2013, our institutions compiled $785M in National Institutes of Health (NIH) awards, which encompassed nearly one fourth of California’s total. The following has been done to accomplish this goal:

  • I hosted successful roundtables and symposia with community and business leaders to discuss how Washington can support San Diego’s Innovation Economy.
  • Introduced the Igniting American Research Act which will expand and make permanent the Research and Development Tax Credit. According to the Information Technology and Innovation Foundation, the act will generate 150,000 jobs and increase GDP by $66B.
  • As a member of the Congressional Caucus on Innovation and Entrepreneurship, I introduced a resolution for one day each year as National Entrepreneur’s Day in memory of San Diego Innovator, Duane Roth.
  • Support the repeal of the medical device excise tax, which will aid an industry that employs 3,200 San Diegans and delivers an economic impact of $2.629 billion dollars each year to the economy.
  • I was awarded the 2014 Visionary Award by the non-partisan California Healthcare Institute (CHI) for introducing the Health Savings Through Technology Act which will facilitate the incorporation of wireless health technologies into federal health care programs.
  • I am leading an initiative to increase NIH funding by nearly $5 billion to reach the level of $35 billion in coming years. Research by the Milken Institute suggests that $1 of NIH funding in biomedical research generates $2.21 in economic output.

II. Ensure Benefits and Growth Opportunities for Military and Veterans

The San Diego region is home to one of the largest concentrations of military force in the entire world. In the region, the military supports 317,000 jobs and $38.7 billion in gross regional product. As a member of the House Armed Services Committee, I advocate for the men and women who serve, and for the 225,000 veterans in the County.

  • Introduced the 21st Century Care for Military and Veterans act to expand coverage of telehealth to servicemembers, veterans, and their dependents by including wireless services in the TRICARE and VA health systems.
  • Introduced the Department of Defense Energy Security Act which will help the DOD reduce energy use, boost combat effectiveness, and expedite the development of advanced military technologies. The Navy is exploring alternative fuel sources, including biofuels such as algae, and San Diego---a national center for algae research--- is in strong position to benefit.
  • Introduced the Veterans Employment Transition Act, which will give employers a tax credit for hiring recently discharged veterans, and will improve job training programs between the Department of Veteran Affairs (VA), Department of Defense, and the Department of Labor.
  • Voted to enhance VA on-the-job training programs to create an office within the VA focused on vocational and education programs, and to support federal contracting with small businesses that are owned by veterans.

III. Generate Economic Growth by Stimulating Tourism

I understand the importance of the tourism industry to the San Diego economy. Each year, over 33 million people visit our district to enjoy the weather, natural beauty, and abundant local attractions. That’s why I advocate for legislation that will support the flourishing tourism industry which accounts for 158,000 San Diego jobs.

  • I supported legislation to expedite the visa interview process which will increase the number of international tourists visiting the United States, many of whom will come to San Diego.
  • Supported a proposal, which passed the House, to continue the public-private partnerships that have been created to foster tourism and job creation in the United States.
  • Introduced the Safe and Secure Border Infrastructure Act, which will improve efficiency and security at our nation’s busiest border crossings

For more information on my record or ideas on growing the economy and creating jobs, please contact my office HERE or at 202-225-0508. My full plan to create jobs can be read HERE.

Thank you.

See also information on Jobs and resources for Businesses.

More on Jobs and the Economy

Nov 17, 2015 Press Release

WASHINGTON, DC – Today, U.S. Congressman Scott Peters (CA-52) was recognized by the House Small Business Committee for promoting entrepreneurship during a hearing on National Entrepreneurs’ Day. While not a member of the Committee, Congressman Peters is the top Democratic supporter of Committee Chairman Steve Chabot’s bipartisan resolution to permanently recognize the importance of entrepreneurs to fostering innovation, growing the economy, and creating jobs.

Nov 13, 2015 Press Release

San Diego – Last evening, U.S. Congressman Scott Peters (CA-52) was honored by Biocom as the “Elected Official of the Year.” The award recognizes Congressman Peters’ advocacy for federal scientific research and commitment in Congress to promoting San Diego’s world-renowned biotechnology industry. Peters, who shares the award with Speaker Toni Atkins, is the first legislator to receive the award for two consecutive years.

Nov 10, 2015 Press Release

SAN DIEGO – Today, Rep. Scott Peters (CA-52) and Rep. Eric Swalwell (CA-15) announced two pieces of legislation designed to spur student incubators and entrepreneurship. The announcement was made after the Congressmen toured UC San Diego’s Qualcomm Institute where they saw demonstrations from student companies who had used the incubator to start and grow their companies.

Nov 5, 2015 Press Release
Scott Peters helped pass the first comprehensive federal transportation planning bill since 2009. The bill makes investments in infrastructure including highways, transit programs, and roadway safety and makes significant streamlining reforms to the current environmental review system that is often duplicative and overly burdensome.
Nov 4, 2015 Page

See what I'm working on in DC for our veterans here.

See what I'm working on in San Diego for our veterans here.

Oct 30, 2015 Press Release
“These upgrades have been important to the Port since I was myself a Port Commissioner. The investment made possible in part by this grant funding will improve the efficiency of the Port’s operations and help increase work opportunities in both the short and long-term, benefiting our region’s economy.
Oct 29, 2015 In The News

Congressman Scott Peters expressed hopefulness that the newly elected Speaker of the House, Paul Ryan, can foster bipartisan solutions in his new role.

Peters, who serves the 52nd District of California which covers much of central San Diego County including Poway, Coronado, and large portions of the City of San Diego released a statement following Paul Ryan's election as Speaker of the House Thursday morning.

Here's what the Congressman had to say:

Oct 28, 2015 Press Release
“San Diego is home to one of the premier transition-assistance programs in the country, helping servicemembers and their families as they leave the military and return to civilian life. Innovative, collaborative programs like zero8hundred can serve as a national model as we work to support our veterans returning from Iraq and Afghanistan.”
Oct 28, 2015 Press Release
"I have fought to end the misguided, arbitrary, across-the-board cuts known as sequester, particularly given the harm they have on our military readiness and the ability of national security leaders to effectively plan for the future. I supported today’s deal because it gives necessary sequester relief to both the military and numerous domestic programs that have struggled to provide needed services to working families in San Diego."
Oct 27, 2015 Press Release
“The Ex-Im Bank is one of the best ways to grow the economy, create jobs here in the United States, and ship products to markets across the world with a ‘Made-in-America’ sticker attached,” Rep. Peters said. “Since 2007, 43 companies in San Diego, including 25 small businesses, have exported $3 billion worth of goods with the help of the Ex-Im Bank.”