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Startup Act 3.0 Provision Could Create up to 1.6 Million American Jobs in Next Decade

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The Entrepreneur Visa created by Startup Act 3.0 has the potential to add, conservatively, between 500,000 and 1.6 million new jobs for Americans over the next 10 years according to a white paper released today by the Ewing Marion Kauffman Foundation. At a time when the Congressional Budget Office expects unemployment to remain above 7.5 percent through 2014 and the economy to grow by just 1.4 percent this year, the job creation potential of Startup Act 3.0's Entrepreneur Visa translates to an additional 1.6 percent increase in GDP, or about $224 billion in economic activity.

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