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Public Statements

Startup Act 2.0

Floor Speech

Location: Washington, DC

Mr. DOLD. Mr. Speaker, this week I welcomed 26 new citizens to this country. It was an inspirational event, and I'm so proud of all they have been able to accomplish. These individuals have worked hard to become citizens, and they are poised to go on and fulfill the American Dream. There is no doubt that times are tough, and yet these individuals have persevered despite all of the obstacles.

As families all over the Nation are struggling with the lagging economy,
we must remain focused on job creation and economic growth. As part of my Main Street jobs agenda, I'm focused on bringing opportunities such as STEM education for our students and for those looking for work. As part of this effort, I've cosponsored the bipartisan, bicameral Startup Act 2.0.

The United States is the higher education destination for the world. This is a testament to the strength of these institutions and the value of the degrees. But too often, foreign students come here to learn, and then have little choice but to return to their home countries after they are through.

Students with advanced degrees in science, technology, engineering, and mathematics are forced to go home with that knowledge, with the ideas and aspirations, aspirations to change the world and bring new technologies. Many of them want to stay here to make something of themselves here in our country because it is still the best place for ideas to become realities. And what we do is we force them to go back to their own country, to compete against us here in the United States.

These ideas become solutions which, in turn, become job-creating companies. According to a study by the National Foundation for American Policy, immigrants founded or cofounded almost half of the top 50 venture-backed companies in the United States.

Since our Nation's founding, Mr. Speaker, immigrants have flourished, along with our economy. America becomes a richer and more dynamic society by encouraging the best and the brightest from all over the world to set up shop here on our soil. That is why I'm honored to cosponsor the bipartisan, bicameral Startup Act 2.0 that will help get Americans back to work, and I encourage my colleagues to do the same.

America becomes a richer and more dynamic society by encouraging the best and the brightest from all over the world to come here to our country.

The people I welcomed as new citizens this week do not have time for gridlock in Washington, Mr. Speaker. The American public doesn't have time for gridlock in Washington. We must move forward and find common ground to help the millions of Americans who are working toward their American Dream, to help them get back to work.

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