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Congressman Krishnamoorthi Introduces The HIRE Act To Increase U.S. Economic Competitiveness By Doubling The Number Of H-1B Visas and Increasing Funding For American STEM Education-2023

Congressman Raja Krishnamoorthi introduced the HIRE Act (H.R. 4647) to enhance U.S. competitiveness by addressing the skills gap. This legislation aims to close the skills gap by boosting funding for STEM education in elementary and secondary schools and doubling the annual H-1B visa cap from 65,000 to 130,000. The bill has the support of ITServe Alliance, a prominent association of IT services organizations in the U.S.

Krishnamoorthi emphasized the importance of developing domestic talent and attracting global expertise to drive job creation and future technology advancements.

Vinay Mahajan, President of ITServe Alliance, highlighted the need for high-skilled workers to maintain U.S. leadership in technology and innovation, especially in the startup ecosystem. The HIRE Act focuses on bridging the skills gap through high-skilled immigration and funding for local STEM talent.

For the full bill text, see this link.

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