Congressman Scott Peters

Representing the 52nd District of California

Jobs & Economy

The issues of Jobs and the Economy affect us all and are important to my work in Congress.

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.

Rep. Peters, Mayor Faulconer Launch First Ever Public Biotech Laboratory

Congressman Scott Peters (CA-52) and San Diego Mayor Kevin Faulconer gathered local educational and scientific leaders to unveil a groundbreaking public biotech lab in the La Jolla-Riford Library. Believed to be the first such open facility in the world, the Basic safety Level 1 lab is the product of a partnership between the San Diego Wet Lab and the La Jolla-Riford Library that offers classes, workshops, and speakers series to educate students and the community on biology and biotechnology.

Rep. Scott Peters Lauds Massive Renewable Energy Deal Between US Navy and San Diego’s Sempra Energy

Congressman Scott Peters was at Naval Base Coronado for the signing of the largest renewable energy purchase in history by an American federal entity. The deal between the U.S. Navy and Sempra Energy will bring solar energy from the new Mesquite 3 facility in Arizona to power portions of 14 Navy and Marine Corps installations across California, including every installation in San Diego County. There are seven military bases in the 52nd Congressional District.

Rep. Scott Peters Welcomes Strong EPA Clean Power Plan

“California is already leading the way in aggressive targets for climate action and reduced emissions, which is leading to improved air quality and human health benefits across our state. The EPA’s rule today not only rewards states for being ahead of the curve, but provides flexible pathways for other states to move toward a more sustainable energy portfolio. By working with states, localities, and energy utility companies, the EPA is encouraging investments in innovation through higher national standards and a long-term vision for sustainable energy production that doesn’t raise utility rates for consumers."

Reps. Scott Peters, Matt Salmon Intro Carbon Capture Utilization Bill

Congressmen Scott Peters (CA-52) and Matt Salmon (AZ-05), bipartisan co-chairs of the Congressional Algae Caucus, introduced the “Carbon Capture Research and Development Act.” The bill would help speed the development and deployment of new technologies that can convert captured CO2 to fuels, chemicals, and other products by adding “conversion, use, and storage of carbon dioxide” to the Fossil Energy Office’s list of research areas.

Rep. Scott Peters Leads Bipartisan Fight for American Innovators

Congressman Scott Peters (CA-52) led a letter, with support from a bipartisan group of 78 other colleagues, to House leadership asking for changes to the Inter Partes Review (IPR) portion of H.R. 9, the so-called “Innovation Act,” before the bill comes to the floor for a vote. Peters has been out front and persistent in the fight to make substantial changes to the currently-flawed legislation before it is considered by the whole House of Representatives.

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