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Public Statements

Impacts of Sequester

Floor Speech

Location: Washington, DC

Mr. PETERS of California. The impacts of sequester will be felt in every district and State. San Diego is home to major research universities and technology firms. Last year, firms working on everything from improving cancer diagnostics to protecting our computer security received more than $130 million from the National Science Foundation and $850 million from the National Institutes of Health. In all, San Diego received more than 1,760 grants to support America's innovators.

I recently received a letter from Arisan Therapeutics, a small biomedical group in my district. This small team of dedicated researchers has been working on vaccines against the flu and dengue fever. If the sequester goes into effect, they will have to lay off their researchers and close. The sequester will not only hurt people, jobs, and families, but it will stop critical research in the biomedical sciences and stifle innovation in our labs and universities.

Congress must act now so America and San Diego do not fall behind our international competitors and so that we continue to be on the cutting edge of technology. We must keep investing in our future.

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