Jobs & Economy
Representative Scott Peters Working to Spur Growth for San Diego’s Economy
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. Read my full plan – “Growing the Economy and Creating Jobs in San Diego and Across the Country” – HERE
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.
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.
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
Helping Small Businesses Succeed
By helping small businesses access capital and talent and compete on a level playing field, and decreasing overly burdensome by government regulations, we can help small businesses thrive. Click below to read my full plan.
Today, U.S. Congressman Scott Peters (CA-52) helped pass a bipartisan bill that will bring millions of dollars to the San Diego region to improve water security and drought mitigation. The Water Infrastructure Improvements for the Nation Act, a comprehensive water bill that decides water infrastructure projects and policy for the next two years, authorizes projects in the San Diego region and allocates federal funds for water desalination, recycling, and storage projects to support drought-ridden southern California.
Today, U.S. Congressman Scott Peters (CA-52) helped pass three bills that will increase accountability at the VA, improve the quality of care veterans receive at VA hospitals, and expand and update certain benefits to better serve veterans and their families.
Today, U.S. Congressman Scott Peters (CA-52) helped pass the conference report for the National Defense Authorization Act (NDAA), the final version of the overarching annual defense policy bill as agreed upon between the House and the Senate. The bill, which Rep. Peters helped negotiate as a selected member of the NDAA conference committee, authorizes $619 billion in defense spending, provides a much-needed fix for the California National Guard bonus crisis, and includes a number of pieces of legislation authored by Rep. Peters.
Today, U.S. Congressman Scott Peters (CA-52) helped pass three pieces of legislation that will increase access to quality health care and better coordinate research for Type-II Diabetes and other autoimmune diseases. Rep. Peters is a co-sponsor of a bill passed by the House today to reauthorize Title VIII Nursing Workforce Development programs that provide support for nursing education programs, nurses, and nursing students. Rep.
Washington, D.C. – Yesterday, Congressman Scott Peters (CA-52) helped pass a bipartisan bill to reauthorize and reform the Carl D. Perkins Career and Technical Education Act and give students the skills they need to enter the workforce and excel in high-quality jobs.
Washington, D.C. – Yesterday, Congressman Scott Peters (CA-52) helped pass the Better On-Line Ticket Sales (BOTS) Act, which would ban the use of ticket bot software that allows individuals to circumvent purchase limits in online ticket systems, purchase tickets in bulk, and then resell them on third-party sites like Stubhub at extreme markups. The bill would also make it illegal to resell tickets acquired with this type of software.
On July 21st, the Department of Housing and Urban Development reopened a public comment period on four possible replacements for the Continuum of Care funding formula that is used to distribute federal homelessness resources and has disadvantaged San Diego.
Today, Congressman Scott Peters (CA-52) gathered local leaders to announce how San Diego’s homeless service providers and elected leaders are working together to make the best case for San Diego to get more of its fair share of federal homelessness resources.
In a critical breakthrough more than three years in the making, Congressman Scott Peters (CA-52) announced today that the Department of Housing and Urban Development (HUD) is considering four options to replace the Continuum of Care formula that determines how federal homelessness funding is allocated.