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Panel Proposes Hiking Caps on High-Tech Visas

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From Associated Press

The government would issue 30,000 more visas to high-tech and other skilled foreign workers each year and increase fees for those visas to help trim the budget deficit under a measure proposed by a Senate committee.

The move by the Senate Judiciary Committee comes as high-tech firms and other businesses complain that, for the third year in a row, they have already met the annual cap on the popular H1-B visas just 20 days into the government’s 2005-06 fiscal year that began Oct. 1.

Congress capped H-1B visas at 65,000 a year in 2004.

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