US think tank wants H1B cap raised to 195,000

[chandu1256]

[pre]Debunking the myth that H-1B visas steal American jobs, a US think tank has asked the Congress

to instead raise the cap on them to US visa promote economic growth and generate much needed tax revenue.

Congress must raise the cap on H-1B visas coveted by Indian techies back to 195,000 visas per year - the maximum allowed as recently as 2001 - from the current 65,000, The Heritage Foundation analysts Jena Baker McNeill and Diem Nguyen said Tuesday.

"Raising the cap for H-1B visas will not steal American jobs but will help promote economic growth and generate much needed tax revenue," they said, calling the notion a "popular myth".

"There is a popular myth that H-1B workers displace Americans because foreigners will work for less than Americans even if they have greater qualifications."

This notion is so widespread that Congress recently passed an amendment barring companies receiving bailout money from hiring H-1B employees "but this notion is entirely false", McNeill and Diem said.

The researchers cited a survey by the National Foundation for American Policy to show that 65 percent of high-tech companies employed people outside the US due to their inability to obtain H-1B visas.

http://economictimes.indiatimes.com/Features/Visa/US-think-tank-wants-H1B-cap-raised-to-195000/articleshow/4373078.cms[/pre]

[kallas]

[pre]Debunking the myth that H-1B visas steal American jobs, a US think tank has asked the Congress

to instead raise the cap on them to US visa promote economic growth and generate much needed tax revenue.

Congress must raise the cap on H-1B visas coveted by Indian techies back to 195,000 visas per year - the maximum allowed as recently as 2001 - from the current 65,000, The Heritage Foundation analysts Jena Baker McNeill and Diem Nguyen said Tuesday.

"Raising the cap for H-1B visas will not steal American jobs but will help promote economic growth and generate much needed tax revenue," they said, calling the notion a "popular myth".

"There is a popular myth that H-1B workers displace Americans because foreigners will work for less than Americans even if they have greater qualifications."

This notion is so widespread that Congress recently passed an amendment barring companies receiving bailout money from hiring H-1B employees "but this notion is entirely false", McNeill and Diem said.

The researchers cited a survey by the National Foundation for American Policy to show that 65 percent of high-tech companies employed people outside the US due to their inability to obtain H-1B visas.

http://economictimes.indiatimes.com/Features/Visa/US-think-tank-wants-H1B-cap-raised-to-195000/articleshow/4373078.cms[/pre]

Good one man......hope it gets implemented