These concerns arise mainly because the bill retains several killer provisions, particularly those related to the H-1B visas, which allows US employers to temporarily employ foreign workers in specialty occupations.
"The Bill unfairly targets American companies trying to remain globally competitive by reducing their ability to contract with global IT service providers and restricting their access to the international expertise they need," USIBC president Ron Somers told PTI.
Early this month, USIBC had announced the establishment of the Coalition for Jobs & Growth to help ensure that American businesses of all types have access to the international expertise they need to continue to drive forward economic growth and job creation.
It hired the services of major law firm Patton Boggs for lobbying at the scale of the US-India civil nuclear advocacy effort, augmented by a public relations campaign spearheaded by APCO Worldwide.
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Early this month, USIBC announced the establishment of the Coalition for Jobs & Growth to help ensure that American businesses of all types have access to the international expertise they need to continue to drive forward economic growth and job creation.
Specifically, the the Border Security, Economic Opportunity, and Immigration Modernization Act (S 744) imposes new and onerous restrictions and higher fees on H-1B and L1 visa programs on the international IT services sector and would create an uneven playing field that will harm US clients, including the majority of Fortune 500 companies.