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Sen. Moran: American Must Win Global Battle for Talent to Ensure Future Economic Growth
Congress should pass Startup Act to jumpstart the economy and create jobs
May 09 2012
WASHINGTON, D.C. – U.S. Senator Jerry Moran (R-Kan.) spoke to his colleagues in the U.S. Senate today to urge their support for the Startup Act and to explain why our country’s future economic competitiveness depends on America winning the global battle for talent.
Sen. Moran introduced the Startup Act to jumpstart the economy through the creation and growth of new businesses. According to analysis conducted by the Ewing Marion Kauffman Foundation, companies less than 5 years old accounted for nearly all net job creation in the United States between 1980 and 2005. In fact, new firms create on average approximately 3 million jobs each year.
Research also shows that more than a quarter of the technology and engineering companies formed in the United States between 1995 and 2005 had at least one key founder who was foreign-born. To help America win the global battle for talent, the Startup Act creates an Entrepreneur’s Visa for foreign entrepreneurs who register a business and employ Americans in the United States. Sen. Moran’s proposal will also create a new STEM visa for foreign students who graduate from an accredited U.S. university with a Master’s or Ph.D. in science, technology, engineering, or mathematics.
By allowing more entrepreneurs and highly-skilled, American-educated workers, to stay in America, they will not only start more businesses, but they will employ more Americans and strengthen our economy. To learn more about the Startup Act, click here.
Excerpts from Sen. Moran’s remarks can be found below, along with links to video and audio downloads.
“The Department of Labor reported last week that more than 12 million Americans are still looking for work and our economy only added 115,000 jobs in April - the lowest number of jobs added in five months. This makes 39 straight months of an unemployment rate over 8 percent. Our first priority in Congress must be to strengthen our economy so more jobs can be created, more Americans can get back to work and more graduates can pursue their dreams.”
“Rather than spend money on government programs, Congress should enact policies that create an environment in which entrepreneurs and their young companies have a better shot at success, and in the process of pursing success, put people to work.”
“The future of our country’s economic competitiveness depends on America winning the global battle for talent. The Department of Commerce projects STEM jobs to grow by 17 percent in the years ahead. We have to retain more of the highly-skilled and talented individuals we educate in America to remain competitive in the global economy. Doing so will fuel American economic growth and result in the creation of jobs for more Americans.”
“Foreign-born Americans have a strong record of creating businesses and employing Americans. Rather than send these talented individuals who have been educated in America back home once they graduate, we should do more to allow them to remain in the United States where their skills and new ideas can fuel U.S. economic growth.”
“Despite the overwhelming evidence Congress should address this issue, conventional wisdom in Washington says that not much gets done during an election year. But if we wait much longer, we could lose even more highly-skilled talent to other countries who are working hard to attract and retain the best and brightest.”
“Congress should work to make it easier for companies to grow, because in a free market, when people have a good idea and work hard, they not only enhance their own lives with their success – but the lives of so many others through their products and the jobs they create.”
“If we don’t take steps now to win the global battle for talent, our country’s future economic growth will be limited. That means, college grads and young people will have fewer opportunities and high rates of unemployment may become the norm, instead of the exception. Allowing talented foreign-born students and entrepreneurs to remain in the U.S. will create jobs for more Americans.”
FTP LINK: Click here to download the video of his remarks. (Save to your desktop.)
YOUTUBE: Click here to watch the floor speech on YouTube.
AUDIO: Click here to download an audio clip of his full remarks.
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Sen. Moran Congratulates Two Kansas Students on Receiving 2012 Prudential Spirit of Community Award
Gracie Schram of Leawood and Saajan Bhakta of Wichita named top youth volunteers
May 08 2012
Gracie Schram was also named today as one of America’s top 10 youth volunteers of 2012. Selected from a field of more than 26,000 youth volunteers across the country, Gracie received a personal award of $5,000 and a $5,000 grant from The Prudential Foundation for a nonprofit charitable organization of her choice.
“Congratulations to Gracie and Saajan on being named as Kansas’ top youth volunteers,” Sen. Moran said. “This is an outstanding recognition and they should be very proud of their achievements and selfless contributions. I commend them for making a difference in the lives of Kansans in their own community and in communities across the world.”
Gracie Schram, an eighth-grader at Leawood Middle School, was inspired to action three years ago when her pastor returned from a mission trip to Africa with videos and photos of children who had lost their parents to AIDS. Gracie has been singing and writing music since her early childhood, so she decided to record and sell a CD of her own music and raised more than $20,000 to help families overseas. Because of her efforts, two villages in South Africa and Malawi now have a sustainable food and revenue source, and orphans in a small Haitian town near Port au Prince have a roof over their heads.
Saajan Bhakta, a senior at Northwest High School, founded a nonprofit organization called “PovSolve” to increase awareness of poverty in India and to raise money to alleviate the suffering of the poor in both India and Wichita. Sajaan was inspired to take action while on a trip to India, and upon his return to Wichita, he hosted information seminars in his community about world poverty and raised more than $9,000. On a recent trip to India, Sajaan personally delivered more than 500 blankets and other necessities to the poor and arranged for PovSolve to sponsor feeding sessions for more than 700 hungry Indians.
The Prudential Spirit of Community Awards program is the country’s largest youth recognition program based exclusively on volunteer community service. All public and private middle level and high schools in the country, as well as all Girl Scout councils, county 4-H organizations, American Red Cross chapters, YMCAs and affiliates of HandsOn Network, were eligible to select a student or member for a local Prudential Spirit of Community Award. More than 5,000 Local Honorees were then reviewed by an independent judging panel, which selected State Honorees and Distinguished Finalists based on criteria including personal initiative, creativity, effort, impact and personal growth.
The program was created in 1995 by Prudential in partnership with the National Association of Secondary School Principals to honor middle level and high school students for outstanding service to others at the local, state, and national level. The program seeks to recognize young people who already are making a positive difference in their towns and neighborhoods, and to inspire others to think about how they might contribute to their communities. Over the past 17 years, more than 345,000 young Americans have participated in the program, and more than 100,000 of them have been officially recognized for their volunteer efforts.
Click here to view photos of Sen. Moran visiting with Gracie and Saajan in his Washington, D.C., office.
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WASHINGTON, D.C. – U.S. Senator Jerry Moran (R-Kan.) issued the following statement today on the U.S. Senate’s confirmation of Ajit Pai as a Commissioner to the Federal Communications Commission (FCC):
“Congratulations to fellow Kansan Ajit Pai on his confirmation today to be a Federal Communications Commission (FCC) Commissioner. Ajit is a public servant with the highest level of integrity and character and only the second Kansan ever to serve on the FCC, and the first since Bob Wells served on the Commission from 1969 to 1971.
“A native of Parsons, Kansas, Ajit brings a unique understanding of the challenges facing rural America at a time when many important decisions about the future of telecommunications are being discussed at the Commission. From how we manage and promote more efficient use of our spectrum resources, to crafting policies that will expand broadband access to more Americans and connect more schools, libraries and hospitals, the FCC’s decisions will help define how we encourage competition, promote innovation, create jobs and drive our economy into the future.
“In order to succeed, the Commission requires smart, talented policy leaders – leaders who respect free markets and understand that regulations should be balanced with pro-growth economic principles. Ajit Pai is one of those leaders. I congratulate him on his confirmation and look forward to working with him in his new role."
Mr. Pai is currently a partner at Jenner & Block law firm, and previously worked in the Office of the General Counsel of the FCC, where he served as Deputy General Counsel, Associate General Counsel, and Special Advisor to the General Counsel.
Prior to joining the FCC, Mr. Pai served as Chief Counsel to the Senate Judiciary Committee’s Subcommittee on Constitution, Civil Rights and Property Rights, when then-Sen. Sam Brownback (R-Kan.) served as Chairman. Mr. Pai also served as Senior Counsel in the Office of Legal Policy at the U.S. Department of Justice and began his public sector career with the Telecommunications Task Force of the United States Department of Justice’s Antitrust Division. In addition, Mr. Pai has served as Associate General Counsel at Verizon. He holds a B.A. from Harvard University and a J.D. from the University of Chicago.
The FCC is directed by five Commissioners, which are appointed by the President and confirmed by the Senate for 5-year terms.
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You might think, in an election year in which immigration will be a political football, that there couldn't possibly be bipartisan agreement on fixing any part of the current immigration system.
You would be wrong. There is one area—expanding the number of visas given to highly skilled foreigners, particularly those who learned math and science at American universities—where two senators have found a lot of bipartisan agreement. And a whole lot of business-community support to boot. But that doesn't mean anything actually will happen this year. And therein lies a sad tale of Washington's dysfunction
You might think, in an election year in which immigration will be a political football, that there couldn't possibly be bipartisan agreement on fixing any part of the current immigration system.
You would be wrong. There is one area—expanding the number of visas given to highly skilled foreigners, particularly those who learned math and science at American universities—where two senators have found a lot of bipartisan agreement. And a whole lot of business-community support to boot. But that doesn't mean anything actually will happen this year. And therein lies a sad tale of Washington's dysfunction.
The two senators are Jerry Moran of Kansas, a Republican, and Mark Warner of Virginia, a Democrat. They are co-authors of the Startup Act, a bill designed to knock down some of the barriers that stand in the way of entrepreneurs trying to launch new companies.
Part of the law is an attempt to make it easier to raise financial capital. An equally important part, though, is an attempt to make it easier to attract human capital—the brainpower that is so important in a 21st-century economy, in which America's biggest advantage is its ability to educate great minds and then give them the freedom to innovate their way to high-tech solutions.
The legislation would do this by expanding the current—and limited—American program to give visas to foreigners with particularly valuable skills and education.
These visas, called H-1B visas, are three-year permits issued each year to American companies who apply for them. Under current law, they are capped at 65,000 new visas a year, plus an additional 20,000 that can be issued to workers who graduated from American universities with master's degrees or higher.
Those numbers don't meet the demands of American companies most years. Consider this: Employers can apply for each year's batch of H-1Bs on April 1. In 2008, the legal quota was filled in one day, according to the Government Accountability Office. In 2009, it took five days.
One of the consequences of this ceiling is a brain drain. Because the U.S. still has the world's greatest university system, smart young people come here to learn math, science and engineering—and then often can't stay to put their education to work in America because they can't get legal status. They return home and start new high-tech companies there.
"It's a ridiculous foreign policy," says Mr. Warner, who knows a bit about the process from his earlier career as a telecom entrepreneur.
So the legislation he and Mr. Moran have written would take two steps. It would create a new visa, in addition to the H-1Bs, for as many as 50,000 foreign students who graduate from an American university with a master's or Ph.D. in science, technology, engineering or mathematics. And it would create a second visa for as many as 75,000 immigrant entrepreneurs who, while here on one of these new visas or an existing H-1B, register a new business or raise $100,000 in capital.
Mr. Moran visited Silicon Valley recently and found this idea of attracting bright minds was the top issue on the minds of many high-tech leaders. He also says most of his fellow senators get it. "I would guess 80% of my colleagues in the Senate, if asked about the visa issue and the need to retain the necessary intellectual capacity in the U.S., would say, 'Yeah that's necessary, we need to do something'…This is now the most common conversation I have" about the bill.
But here's where Washington paralysis gets in the way. Democrats don't want to do something about this narrow issue of visas for highly educated workers because they are holding out for more-comprehensive changes to the immigration system, something badly wanted by the Hispanic groups that are an important part of the Democratic base. If they give in on high-tech visas, they will lose leverage to push a broad overhaul.
And Republicans don't want to give in on a broad immigration overhaul because they object to any plan that might give a path to citizenship to people currently here illegally. Beyond their philosophical qualms, many Republican politicians will say bluntly that they think that just amounts to creating more Democratic voters.
Meanwhile, other countries aren't waiting. Notably, Canada has just "dramatically" increased the number of visas it gives highly skilled workers, Mr. Warner says, providing a convenient nearby landing pad for American-educated engineers and scientists.
Mr. Moran last week talked with American electronics firms and urged them to push Congress for action. "This issue," he says, "is so important that you can't let the politicians use the excuse that if we can't do everything, we won't do anything."
Write to Gerald F. Seib at jerry.seib@wsj.com