00:00Abused visa systems in our current immigration system has been the H-1B non-immigrant visa program.
00:06This is supposed to allow highly skilled laborers who work in fields that Americans don't work in to come into the United States of America.
00:15We need workers, we need great workers, and this pretty much ensures that that's what's going to happen.
00:20I think, Sean, do you agree with that?
00:21Well, they're $100,000 per year, so the whole idea is no more will these big tech companies or other big companies train foreign workers.
00:33They have to pay the government $100,000, then they have to pay the employee, so it's just not economic.
00:39If you're going to train somebody, you're going to train one of the recent graduates from one of the great universities across our land,
00:47train Americans, stop bringing in people to take our jobs, that's the policy here.
00:53$100,000 a year for H-1B visas, and all of the big companies are on board.
01:00We've spoken to them about the gold card.
01:02They love it. They love it. They really love it. They need it.
01:05H-1B visas are sometimes used by people already in the country legally on other visas or student visas.
01:11Does this apply to them or to renewals, or does it only apply to people applying for the first time from abroad?
01:16Renewals, first times. The company needs to decide, do they want, is the person valuable enough to have $100,000 a year payment to the government,
01:30or they should head home and they should go hire an American.
01:34The whole idea, it's annual, and it's for total, it can be a total of six years.
01:39So $100,000 a year, so either the person is very valuable to the company and America,
01:46or they're going to depart and the company's going to hire an American, and that's the point of immigration.
01:53Hire Americans and make sure the people coming in are the top, top people.
01:58Stop the nonsense of letting people just come into this country on these visas that were given away for free.
02:05The president is crystal clear.
02:07Valuable people only for America.
02:10Stop the nonsense.
02:11And remember, the country...
02:13That's just a fee, right?
02:14Yeah.
02:14The fee to America.
02:15The country would rather not have to pay $100,000, but they'd rather...
02:21How do you do that?
02:22You hire an American.
02:23So there's an incentive to hire an American.
02:25But there may be instances where it's better off doing it, through expertise or whatever it may be.
02:30But they're both unbelievable, whether it's a gold card or anything else that we talked about today.
02:37To follow up on the visa question, I think this may be the next thing that you're signing, but for the H-1B visa action that you're doing today...
02:42It's going to be next. We'll talk about that.
02:44You're very close to the technology CEOs.
02:47Are they concerned about that?
02:48Everyone's going to be happy.
02:50And we're going to be able to keep people in our country that are going to be very productive people.
02:54And in many cases, these companies are going to pay a lot of money for that.
02:58And they're very happy about it.
02:59It's companies having a hard time getting people to be able to stay in the country.
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