What is wrong with this bill? I have seen worse. Any shift away from family centered immigration toward skill centered immigration seems good.
Many people want protectionism for their relatively low-valued tech skills. This will help to ensure that those protection-seeking Americans aren’t getting paid more than they should be getting paid.
“What is wrong with this bill?”
Even if the H1B1 visa workers were paid the same amount, they aren’t subject to Social Security Taxes like Americans, which means that the companies are saving on SS matching contributions of about 7.65% per worker right off the bat, in addition to depressing wages by artificially increasing the supply of labor.
“Many people want protectionism for their relatively low-valued tech skills.”
They only become low value when the government acts as an employment agency for corporate whiners, instead of letting the marketplace determine value.