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Technology Stocks : Discuss Year 2000 Issues

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To: C.K. Houston who wrote (2684)10/15/1998 6:26:00 PM
From: jwk  Read Replies (1) of 9818
 
CK -- never fear....and you can retract your *aaarrrrgggghhhh!* >>>High-tech Visa Bill In Big U.S. Spending Plan

WASHINGTON (Reuters) - A bill to increase the number of U.S. visas granted to foreign high tech workers, blocked in the Senate last week, has been included in the mammoth spending bill Congress is expected to approve shortly, Senate leaders said.

Under current law, 65,000 H-1B visas are granted annually to noncitizen computer programmers and other highly skilled professionals to work in the United States for up to six years. The bill would nearly doubled that, to 115,000 for the next two years, and 107,500 in the third year. After that, the level would drop back to 65,000.

High tech companies had lobbied to increase the cap on foreign workers, particularly as they try to solve the problems posed by the year 2000 millennium bug.<<<
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