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Hitting High-Skilled Worker Visa Cap in First Week Reinforces Need for Fixing Immigration System

Lack of System-wide Reform Continues to Stunt U.S. Economic Growth

Washington – Business Roundtable, representing CEOs of leading U.S. companies from every sector of the economy, said today’s announcement that both the 65,000 and 20,000 H-1B visa caps for fiscal year 2015 were reached within days is yet another indicator of a broken U.S. immigration system that needs repair. The filing period opened on April 1, 2014.

“We’ve hit too many outdated H-1B limits and seen green card backlogs grow far too much. The time is now for Washington to enact meaningful immigration reform,” said Greg Brown, Chairman & CEO of Motorola Solutions, Inc., and Chair of Business Roundtable’s Select Committee on Immigration. “Hitting the FY2015 H-1B cap six months before the fiscal year even starts hurts everyone – from companies that want to invest and expand their operations, to the U.S. workers who would take jobs created by increased economic activity, to the foreign-born talent ready to fill the very jobs that lead to economic growth. The interest in H-1B visas is another indicator of system-wide deficiencies that are stunting growth but can be fixed by action in Washington.”

The CEOs of Business Roundtable have made immigration reform part of their four-point growth agenda for 2014, which also includes tax reform, expanded trade opportunities and greater fiscal stability. Click here to read more about the growth agenda.

Click here to read more about the solutions Business Roundtable proposes to fix the U.S. immigration system and get it working for America.
 

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