1srelluc
Diamond Member
President Donald Trump is expected to sign a proclamation as soon as Friday that would move to extensively overhaul the H-1B visa program, requiring a $100,000 fee for applications in a bid to curb overuse, according to a White House official familiar with the matter.
Trump is set to sign a proclamation Friday, requiring the payment and asserting that abuse of the H-1B pathway has displaced US workers. The proclamation restricts entry under the H-1B program unless accompanied by the payment, added the official, who was granted anonymity to discuss the policy before it was announced.
Trump also plans to order the Labor Secretary to undertake a rulemaking process to revise prevailing-wage levels for the H-1B program — a move intended to limit the use of visas to undercut wages that would otherwise be paid to American workers.
Well now, Trump must have listened to his voters since saying he was gonna bring more H1Bs in.
To me this reads as a "you better make sure the guy you're hiring is worth it (100K) long-term" clause.
It also prices out jobs that aren't of high-value because you'd never reach ROI with a 100k investment on a job that pays half of that or so annually.
I don't see a big downside here.