If you have been keeping up with my H-1B cap updates, you know that this year new H-1B Visas have been used up at an accelerated rate.  Just yesterday, USCIS announced that the 65,000 H-1B cap for FY 2013 had been reached and that it would be rejecting all petitions received after June 11.  The 20,000 master’s exemption cap was also reached.  This is a good sign of economy recovery but also a sign that this arbitrary cap should be revisited by Congress to allow talented foreign workers and U.S. educated students to contribute to our economy.