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The DREAM Act will Provide Needed Workers, Increase U.S. Competitiveness & Alleviate the Military Recruitment Crisis
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The DREAM Act would help alleviate a labor shortage in the United States.
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The DREAM Act would reduce the cost of recruiting foreign professionals, as processing times for visas range from one to three years, not including the time spent for acculturation and learning English.
The DREAM Act will increase global competitiveness by utilizing skilled US trained professionals already in this country instead of competing for skilled workers with other countries.
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H-1Bs are visas with a limited yearly quota of 65,000 that are provided to highly skilled foreign nationals. Many US companies recruit engineers, computer programmers and other professionals from around the globe because of the lack of professionals in these fields in the US. For example, Silicon Valley companies are among the main supporters of H-1B visa reform (higher quotas). Due to the lack of available H-1Bs, companies say they are experiencing a reverse brain drain as skilled workers flock to the booming economies of China and India. Data suggests that companies that engage in offshoring work to India submitted H-1B visa applications in heavy volume.
The DREAM Act would increase the tax base for state, federal, and local governments.
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Therefore, a single person with a bachelor's degree who earns an average $60,000 of taxable income will contribute $11,564 to taxes and welfare annually; in a 40-year span he/she will have contributed $462,560.
The DREAM Act will improve national security by alleviating the recruitment shortages to the armed forces.
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The army expects to reverse the recruiting shortfall by lowering standards (which will increase training costs), and by adding more recruiters and spending more money on advertising. The army is also offering larger bonuses (up to $90,000, in one lump sum) to get existing troops to re-enlist. These methods will increase personnel costs as much as ten percent.
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As of 2006, 30,000 foreign-born individuals are currently serving in the armed forces. Every year, 7,200 of the 180,000 new recruits are non-citizens. Immigrants account for 20 percent of recipients of the Congressional Medal of Honor.
Sources:
"A stiff learning curve," Asia Times February 14, 2006
Prithiv Patel, Infosys, Wipro and TCS under investigation for misuse of H1B visas, India Daily, May 15, 2007 Economics and Statistics Administration, Census Bureau. (2002) Available: http://www.census.gov/prod/2002pubs/p23-210.pdf 2006 Tax Table. Available at http://www.irs.gov/pub/irs-pdf/i1040tt.pdf U.S. Department of Labor, U.S. Bureau of Labor Statistics. (2007) National Compensation Survey: Occupational Wages in the United States, June 2006. 2006 Tax Table. Available at http://www.irs.gov/pub/irs-pdf/i1040tt.pdf www.strategypage.com, April 2005 American Immigration Law Foundation. (2006) Defending America: Immigrants Fight for Our Nation. Available at http://www.ailf.org/pubed/defendingamerica.shtml
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