Congressman Scott Peters

Representing the 52nd District of California

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. 

Rep. Scott Peters expresses hopefulness after House elects Ryan as Speaker

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:

Rep. Scott Peters Highlights #SDinDC with zero8hundred at Armed Services Committee

“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.”

Rep. Scott Peters Supports Two-Year Budget Deal, Calls on Congress to Get to Work on Long-term Fiscal Issues

"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."

Rep. Scott Peters’ Statement on Authorization of Job-Creating Export-Import Bank

“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.”

Reps. Peters, Lance Launch Congressional Life Science Caucus

“In San Diego our life-sciences sector is a hub for high-quality job creation, helping to grow the region’s economy and drawing talented individuals from across the country and the world to our communities. Washington, D.C., is not the kind of atmosphere that generates tomorrow’s solutions, and it is my hope that we can use this caucus to bring experts from across the country to D.C. as we work to make informed public policy decisions.”

Rep. Peters Introduces Bills to Reform Dangerous Debt Ceiling Games, Protect American Economic Recovery

Congressman Peters introduced his two-part legislative package that will end the consistent fiscal brinksmanship that has jeopardized our continued economic growth. The first bill, H.R. 3774, the “Protect America’s Credit Act,” would prevent the unnecessary uncertainty that Congress causes the economy by threatening not to pay America’s bills. The second, H.R. 3775, the “Pay Down the Debt Act,” would reduce the national debt by requiring legislators, regardless of political party or rank, to cut the debt if it is rising as a share of the economy.

HUD Eyes Funding Formula Changes

A federal funding formula some local officials have criticized as unfair San Diego’s efforts to help homeless people will be re-examined next year, U.S. Housing and Urban Development Secretary Julián Castro said Monday.

Castro was in San Diego to tour the Hotel Churchill, a landmark downtown hotel that is being renovated into 72 affordable units for veterans and others.

Reps. Scott Peters, Susan Davis and Juan Vargas, all San Diego Democrats, are among the officials who have pushed for a change in the formula because it does not represent the region’s needs.

Housing Secretary Acts on Rep. Peters’ Request to Open Comment Period on Federal Homeless Funding Formula

“Since coming to Congress in 2013 we’ve been fighting for San Diego to get its fair share of federal funding to help the homeless,” Peters said. “The announcement from Secretary Castro that HUD is opening the public comment period on this outdated funding formula gives us the chance to make our case. This is what we’ve been asking for and it’s a huge first step. We are very grateful to the Secretary for being responsive to our request and for his visit.”

Secretary Jewell, Rep. Scott Peters Tour Fire Damaged Areas in Southern California, Discusses Urgent Need to Fix Federal Fire Funding

U.S. Secretary of the Interior Sally Jewell and U.S. Congressman Scott Peters today toured fire damaged areas in San Diego, received a briefing on current fire conditions and continued their calls to reform the way the federal government funds wildfire suppression efforts. The two also highlighted the growing threat of catastrophic wildfires in drought-stricken areas of the West.

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