The truth is, it's neither.
So as Congress spends its dog days of August in recess, CIO.com takes a closer look at what the bill is and what it isn't.
Sam Mittal, president of India's National Association of Software and Services Companies (NASSCOM), has said that the H-1B and L-1 Visa Reform Act includes "unfair trade practices" that will damage . Mittal's point is of course debatable, but the bill is actually rather limited in scope.
The legislation, introduced by Senators Chuck Grassley (R-Iowa) and Richard Durbin (D-Ill.) in April, targets loopholes in the H-1B and L-1 visa programs. It does not propose lowering the annual cap on the non-immigrant professional visas. In fact, Sen. Grassley has said in the past that he would support an increase in the number of H-1B and L-1 visas granted each year "if and only if the loopholes in the programs are fixed."