Tech CEOs woo Obama on H-1B visa, tax issues

More than 60 chief executive officers from Silicon Valley have descended on Washington to meet lawmakers and members of the Obama administration and apprise them on issues plaguing the technology sector, in particular H-1B visa and tax reforms.

More than 60 chief executive officers (CEOs) from Silicon Valley have descended on Washington to meet lawmakers and members of the Obama administration and apprise them on issues plaguing the technology sector, in particular H-1B visa and tax reforms.

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TechNet - a political network of CEOs formed to promote the growth of the innovation economy - said in a statement that what was needed was "an increase in the number of H-1B visas and a speed-up in the employment-based green card application process.

"America must invest in innovation," said Rey Ramsey, president & CEO, TechNet.