Amazing level of contempt for ordinary foreigners who came into the country legally.
The inhumanity aside, the economy-related quotes from Lutnick and Trump are typically laughable. It’s hard to believe these guys are in charge:
“[Lutnick] added that the revised program would filter out the ‘bottom quartile’ while generating more than $100 billion for the US Treasury. Trump further said that the revenue would be used to reduce national debt and lower taxes.”
The US has a multi-trillion-dollar deficit. Even if they could somehow get a million H1B holders paying this huge sum, the income wouldn’t reduce the national debt because you’re still running a big deficit. It would just slightly slow the current growth of the deficit.