Microsoft founder and chairman Bill Gates gave testimony before a Congressional panel on March 12, 2008 where he advocated for a substantial increase in the 65,000-capped H1-B visa quota for foreign skilled workers. Despite skepticism from politicians, Gates argued that recent studies showed that an increase in H-1B visas would have a very positive effect on the American economy.
Gates suggested that the United States legislators should enact laws to extend the 12-month training period foreign students are allowed to stay in the US after they complete their education without obtaining a new visa. He also suggested an overhaul of the U.S. immigration system that would eliminate country caps on the green-card visa program that are now capped at 140,000 per year.
"We provide the world's best universities... and the students are not allowed to stay and work in the country," Gates said. "The fact is, (other countries') smartest people want to come here and that's a huge advantage to us, and in a sense, we're turning them away." Gates predicted that outsourcing of jobs would increase unless immigration laws changed.
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