More on Bill Gates' Testimony Before Congress

Click here to view the full transcript of Bill Gates' testimony before the House Committee on Science and Technology.

Here's an excerpt from his remarks on revamping immigration rules for highly skilled workers:

"I want to emphasize that the shortage of scientists and engineers is so acute that we must do both: reform our education system and reform our immigration policies. This is not an either-or proposition. If we do not do both, U.S. companies simply will not have the talent they need to innovate and compete."