Intels job growth has grown 167 percent since 1990. creating almost 40.000 jobs worldwide. In this age of a global marketplace. it is imperative that American companies have access to a legal supply of skilled professionals in the United States so that they can continue to grow and expand in the United States. Failure to increase the H1B cap will create significant uncertainty about the U.S. governments commitment to enable American companies to compete and participate effectively in the global economy. These companies will be faced with the tough decisions to either stay in the U.S. without a sufficient number of highly skilled staff or possibly move their research and development facilities overseas. Mr. President. the American Competitiveness Act raises the current cap for temporary foreign workers to 95.000 in fiscal year 1998 and contains a fiveyear sunset for the additional H1B visas. While raising the temporary H1B cap. the American Competitiveness Act also increases education and training in the high technology field for American citizens and establishes a data bank on the Internet that matches domestic applicants with available technology jobs. Mr. President.
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H1B visas