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Sen. Mark Warner

Friday, April 12, 2013

Warner: 'Broken' Immigration Bad For Economy

Startup 3.0 legislation will enable brightest minds to stay and do business in U.S.

Investing in talent through bipartisan immigration reform is a key to growing the economy in general and nurturing Northern Virginia startups in particular. That was the message U.S. Senator Mark Warner (D-VA) conveyed to a roomful of tech entrepreneurs and business leaders at Fairfax County Chamber of Commerce event at the Wolf Trap Center for Education in Vienna on Friday. While Warner says he thinks the access to capital, which dried up in the economic downturn of the last several years, is poised to make a comeback, he mostly spoke about the access to talent that he said would expand greatly under the Startup 3.0 bill. "If you look around this room, and I have seen data that supports this, 35 to 40 percent of tech-related companies in …

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Friday, December 28, 2012

Virginia's Senators Waiting for 'Fiscal Cliff' Vote

If lawmakers fail to reach compromise, sequestration would hit Northern Virginia especially hard.

While the potential loss of thousands of jobs and a devastating economic blow loom over the region thanks to sequestration, Virginia's senators can only wait and hope a workable compromise is reached before the new year. If such a compromise is not reached by Tuesday, a series of tax increases and spending reductions kick in automatically — taking the country over the so-called fiscal cliff. Some economists and politicians are concerned the combined effect will send the United States back into a recession.  U.S. Sen. Mark Warner, a Virginia Democrat, told CBS News this week that at this point any deal that could be made would be relatively small. “I think there’s unfortunately only going to be a small deal,” Warner said. “… We have to …

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