SPECTER. GRAMS. and BROWNBACK. approaches the shortage of hightech workers problem in both the short and long term. The bill will increase the annual number of H1B visas that awarded to foreignborn professionals by approximately 25.000 this year. and will create 20.000 scholarships a year for U.S. students to study math. engineering. and computer science. The cap of 65.000 on these visas will likely be reached in May. four months before the end of the fiscal year. This will cause considerable disruption at U.S. companies and universities. Without legislative action. this problem will worsen each year until companies will no longer be able to count on access to key personnel that help fuel growth.
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H1B visas