This is a good but flawed move. In very high COL places like NYC and SFBA $130k is barely a living wage unless you can put up with a 2h commute. OTOH, in low COL markets (eg. KC) this eliminates H1-Bs from consideration for most entry-level positions. For many markets in the middle (an example doesn't come to mind, perhaps Los Angeles?) where $130k+ is a decent salary for an entry-level position this new minimum work…
Speaking as a New Yorker, $130k is not "barely a living wage", unless you have a really distorted definition of "living." You do not need to commute 2h for reasonable housing -- I lived in Brooklyn (which, for me, was a very comfortable 25m door-to-door commute), and was very happy there.
NYC actually has neighborhoods that are affordable, often only a few blocks away from expensive ones.