New Path for International Entrepreneurs Will Create American Jobs

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WASHINGTON, DC – Today, the White House Office of Science and Technology Policy announced their final version of their International Entrepreneurship Rule, which will allow the brightest entrepreneurs from across the globe to grow their companies and innovate in the U.S. to boost the American economy.

FWD.us President Todd Schulte released the following statement on the final rule:

“We applaud the White House’s announcement of the final International Entrepreneurship Rule, a vital effort to ensure that the best and the brightest foreign-born entrepreneurs can more easily grow the companies that will create American jobs here in the U.S. while expanding our economy. In the global race for talent, the IER will help encourage innovators to bring their skills, new ideas, and expertise to our nation, rather than putting their talents to work for our competitors abroad.

“We know that countless hours of work went into the release of this final rule, and we are grateful to the many individuals – both in the Obama Administration and the members of the tech and business communities who made their voices heard – who helped make today’s announcement possible. We’ll continue to work to find solutions to our badly broken and outdated immigration system so that the U.S. can remain a hub for job creators who want to grow the American economy.”

Timely Reintroduction of BRIDGE Act Protects Hardworking Young Dreamers

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WASHINGTON – Following the reintroduction of the BRIDGE Act by Senators Lindsey Graham (R-SC) and Dick Durbin (D-IL), and Representatives Mike Coffman (CO-6) and Luis Gutierrez (IL-4) of the companion legislation in the House, which would provide a legislative solution for 750,000 Dreamers who have already earned work permits and temporary relief from deportation via DACA, FWD.us President Todd Schulte released the following statement:

“The reintroduction of the BRIDGE Act represents a step forward to finding a solution that would protect hardworking young Dreamers from the fear of deportation, ensuring they could continue to work here and contribute to our communities and our economy in the only country most have ever known as home. This legislation creates a clean pathway for the approximately 750,000 DACA recipients to continue providing for their families and building their futures. Without action from Congress, these hardworking young individuals could be deported – uprooting their lives and harming their communities. We strongly encourage members of Congress in both parties to support this vital legislation right away.

“Thank you to the original cosponsors of the BRIDGE Act, including U.S. Senators Lisa Murkowski (R-AK), Dianne Feinstein (D-CA), Jeff Flake (R-AZ), Chuck Schumer (D-NY), and Kamala Harris (D-CA).”

Background

The DACA program has unlocked countless economic opportunities for roughly 750,000 young people, 700,000 of whom are in the workforce and paying income taxes. In addition to getting a job, DACA allows young immigrants to obtain driver’s licenses, get health insurance, access basic health services, open bank accounts, pay taxes, enroll in college, take out mortgages and car loans, and provide for their families. Losing DACA would rip away these basic necessities from young immigrants who are integrated into American society, and would be a tremendous loss for these individuals, their families, and their communities. DACA has allowed Dreamers to work in every industry and at nearly every single major company in America.

 

Removing 700,000 people from the workforce in a single day would cost $433.4 billion in GDP loss over a decade. Other consequences include:

 

  • Six percent of DACA recipients have also launched businesses that employ native-born American citizens. Without work authorization, those businesses would be forced to shutter, sending American workers to the unemployment rolls, and halting tax and economic contributions.

  • Consumer purchasing power would shrink drastically. Almost 55 percent of DACA recipients have purchased a vehicle, and more than one in ten — or 12 percent — have purchased their first home. 750,000 American residents would no longer be able to pay taxes or pay back loans for mortgages, cars, and higher education.

  • DACA repeal would divert limited enforcement resources from high security threats. DACA recipients have undergone biometric and biographical criminal background checks. Not only would a repeal drive 750,000 immigrants who have passed thorough background checks and are registered with the government back into the shadows, but it would waste enforcement resources.

Statement on Re-Introduction of Fairness for High-Skilled Immigrants Act

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FWD.US STATEMENT ON NEW LEGISLATION TO AMEND THE PER-COUNTRY CAP ON EMPLOYMENT-BASED AND FAMILY-SPONSORED VISAS

WASHINGTON, DC – FWD.us President Todd Schulte released the following statement today after Congressman Jason Chaffetz (R-UT) re-introduced H.R. 392, the Fairness for High Skilled Immigrants Act. The legislation would eliminate the per-country numerical limitation for employment-based immigrants, and increase the per-country numerical limitation for family-sponsored immigration:

“We commend Congressman Jason Chaffetz for introducing a bill that would help the United States remain globally competitive by reducing decades-long wait times for skilled workers from certain countries stuck in the green card backlog. Under the current system, no more than 7 percent of employment-based green cards are conferred to highly-skilled workers from any one country. The proposed bill would make it possible for the United States to continue attracting the best and the brightest scientists, engineers, architects and researchers without discriminating against applicants because of where they were born. H.R. 392 is a sensible step toward building a targeted high-skilled immigration system that will help us win the global race for talent, create millions of American jobs and boost wages for the middle class in the 21st century economy.”

 

FWD.us Statement on BRIDGE Act Introduction

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WASHINGTON – Following the introduction of the BRIDGE Act by Senators Dick Durbin (D-IL), Dianne Feinstein (D-CA), Lindsey Graham (R-SC), and Lisa Murkowski (R-AK), which provides a clean, legislative solution for 750,000 Dreamers who earned work permits and temporary relief from deportation, FWD.us President Todd Schulte released the following statement.

“We’re encouraged to see Congress moving closer to a solution that would avoid removing long overdue protections for young undocumented immigrants – often called Dreamers – who came to America as children. The bill provides a clean pathway for roughly 750,000 young people to keep living and working in the United States. If passed, we would keep teachers in schools, nurses in emergency rooms, and an important workforce contributing to our economy. Without Congressional action, it’s likely these young people, who have known no other home, would be deported to a country that is unfamiliar to them. This is the right thing to do economically and morally and we hope members in both parties will support this critical legislation.”

Background
The program has unlocked countless economic opportunities for roughly 750,000 young people, 700,000 of whom are in the workforce and paying income taxes. In addition to getting a job, DACA allows young immigrants to obtain driver’s licenses, get health insurance, access basic health services, open bank accounts, pay taxes, enroll in college, take out mortgages and car loans, and provide for their families. Losing DACA would rip away these basic necessities from young immigrants who are integrated into American society, and would be a tremendous loss for these individuals, their families, and their communities. DACA has allowed Dreamers to work in every industry and at nearly every single major company in America.

Removing 700,000 people from the workforce in a single day would cost $433.4 billion in GDP loss over a decade. Other consequences include:

  • Six percent of DACA recipients have also launched businesses that employ native-born American citizens. Without work authorization, those businesses would be forced to shutter, sending American workers to the unemployment rolls, and halting tax and economic contributions.
  • Consumer purchasing power would shrink drastically. Almost 55 percent of DACA recipients have purchased a vehicle, and more than one in ten — or 12 percent — have purchased their first home. 750,000 American residents would no longer be able to pay taxes or pay back loans for mortgages, cars, and higher education.
  • DACA repeal would divert limited enforcement resources from high security threats. DACA recipients have undergone biometric and biographical criminal background checks. Not only would a repeal drive 750,000 immigrants who have passed thorough background checks and are registered with the government back into the shadows, but it would waste enforcement resources.