H-1B Companies to be Gutted. Bye Bye Foreigners Running US Companies
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Buh Bye Bye
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Date: January 12, 2017 12:42PM
With Trump readying to take office later this month, policies are being formed and nominations confirmed. How his term(s) will affect immigration and jobs are hot-button topics, and the H-1B visa is squarely in the crossfire.
Last week, a bill titled the “Protect and Grow American Jobs Act” was re-introduced by co-authors Congressman Darrell Issa (R-California) and Representative Scott Peters (D-Calif). The bill severely limits the scope of the H-1B, and raises the minimum salary requirement from $60,000 to $100,000 for anyone utilizing the visa to work in the United States.
As we’ve noted previously, raising the salary bar is designed to encourage companies to hire domestically for all but the most specialized fields or jobs. Trump has spoken out against H-1B, most publicly at a Republican debate last March when he said it was “very, very bad for workers,” and the U.S. “should end it.”
Representative Zoe Lofgren (R-California) suggested recently that the Protect and Grow American Jobs Act “doesn’t do anything” to curb use of H-1B. She accused Issa of protecting his district, which covers San Diego and Orange County, rather than the United States as a whole.