BRAIN Act

Published: 11 August 1999 y., Wednesday

Rep. Zoe Lofgren, D-Calif. is introducing a new pilot visa program that will keep plenty of foreign talent stateside, while proving much less controversial than the current H-1B visa system. Now that the H-1B program stands a chance of being expanded to allow as many as 200,000 skilled workers into the country per year, Lofgren, D-Calif., is launching an initiative of her own to prevent what she calls a "brain drain" from the US. Taking the brain drain term from the handy lexicon of Ayn Randisms, Lofgren and 14 other Congress members have introduced the BRAIN (Bringing Resources from Academia for the Industry of our Nation) Act. The bill, H.R. 2687, creates a new type of work pass, the five-year tech visa, to allow skilled high-tech workers to remain in the US after they complete undergraduate or graduate work. The T-visas would be available to international students who graduate US colleges and universities with degrees in science or engineering fields, and are hired by technology companies for at least $60,000. "For a long time I_ve always thought it was dysfunctional that we would bring over to the United States these hotshot students, have them get wonderful degrees in American universities, and then force them to go to some foreign country to compete with us," Lofgren said in an interview. As a member of the House Judiciary Committee_s Subcommittee on Immigration and Claims and co-chairman of the Democratic High-Tech Advisory Group, Lofgren noted that as the number of students studying science and engineering at US universities has declined 5 percent between 1990 and 1996, the IT industry conversely is clamoring for more of this talent. The H-1B visa program has addressed some of this need, though it has been much to the chagrin and annoyance of organized labor forces who claim that the program displaces qualified American workers in favor of foreign workers who are willing to ply their trades for less compensation. The effort to increase the amount of visas allowed under the H-1B program has been led mainly by Republicans, including Sen. Spencer Abraham, R-Mich., who helped pass legislation last year to raise the number of visas handed out to 115,000 per year through 2001.
Šaltinis: Newsbytes
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Bank DnB NORD increases its holdings in Lithuania

Bank DnB NORD A/S increasing its holdings in its Lithuanian subsidiary to 99.84 percent through acquisition of shares from minority shareholders. more »

AB Bank SNORAS will grant LTL 35 million for financing small and medium businesses

AB Bank SNORAS will grant LTL 35 million for financing the small and medium businesses on the exclusive conditions. more »

Obama rejects GM, Chrysler plans

Rejecting survival plans from both General Motors and Chrysler, President Barack Obama warned the ailing US automakers they could be forced into bankruptcy if they don't find a way to slash their debt. more »

Beer still recession proof?

Prevailing wisdom says when the going gets tough the weary go drinking. The demand for beer exceeds the demand for all other alcoholic beverages in USA. more »

Watchmakers want better times

Things have been moving slowly for Swiss watchmakers in recent months. The global economic downturn has hit the country's third most important industry hard. more »

GM CEO resigns

The move came a day before the U.S. government was due to outline new steps to help GM and Chrysler as part of the federal bailout. more »

Creativity key to a healthy economy

With the European year of creativity and innovation in full swing, leading figures warn against cutting back on research and development in times of crisis. more »

Markets rebound on better data

Wall Street has been looking for signs of a bullish comeback, and today's surprise news on the economic front revived a buying spree... started by Monday's 7% rally. more »

Five countries exceeding EU deficit limits

With the economic crisis eating away at public finances, budget deficits in five countries are expected to exceed the 3% of gross domestic product allowed by the EU. more »

China calls for new global currency

China is calling for a new global currency to replace the dominant dollar, showing a growing assertiveness on revamping the world economy ahead of next week's London summit on the financial crisis. more »