Billing Programs Research Paper Example | Topics and Well Written Essays - 2750 words

Billing Programs - Research Paper Example The proposed visa would give foreign investors and their families a path to permanent residence in the U.S. if they invest at least $250,000. In the proposed StartUp Visa, investors would be given an initial two year visa and when its business had employed at least five workders after two years in business, the said investor would be given a green card. II. Concerns about the bill Indeed, the housing problem in the United States needs to be addressed. Unless the housing industry recovers, US economy cannot be considered as being out of economic crisis. At the onset, the bill looks novel and positive because it intends to solve the housing problem without any cost to the Federal Government. This however comes with a price of citizenship to foreigners whom we do not know and being such, might bring in unintended problems (Sarner). This necessitates a close scrutiny of the proposed bill if its intended benefits outweigh its projected issues. In addition, there is already a similar progr am in placed and one cannot help but ask, â€Å"what is really new with this bill?† Cost benefit analysis of the proposed bill under the lens of economics The first question that needs to be addressed is whether such bill will solve the housing problem in the US without first considering other factors such as security and social service. Scrutinizing it strictly under the lens of economics, the bill seems to be promising. The rest of the world especially China has performed relatively well compared to the United States (2% GDP compared to China’s 9.7% in the first half of 2011) in terms of combating the economic crisis and being such, it has the economic capability to make such purchase. Economically, it seems to be a win-win... Indeed, the housing problem in the United States needs to be addressed. Unless the housing industry recovers, US economy cannot be considered as being out of economic crisis. At the onset, the bill looks novel and positive because it intends to solve the housing problem without any cost to the Federal Government. This however comes with a price of citizenship to foreigners whom we do not know and being such, might bring in unintended problems (Sarner). This necessitates a close scrutiny of the proposed bill if its intended benefits outweigh its projected issues. In addition, there is already a similar program in placed and one cannot help but ask, â€Å"what is really new with this bill?† Cost benefit analysis of the proposed bill under the lens of economics. The first question that needs to be addressed is whether such bill will solve the housing problem in the US without first considering other factors such as security and social service. Scrutinizing it strictly under the lens of economics, the bill seems to be promising. The rest of the world especially China has performed relatively well compared to the United States (2% GDP compared to China’s 9.7% in the first half of 2011) in terms of combating the economic crisis and being such, it has the economic capability to make such purchase. Economically, it seems to be a win-win solution because it is beneficial to the foreigner who is going to buy the house for he or she also gains an extended stay. It is also beneficial to the US economy as it stimulates demands to the slumping housing industry.