H-1B draft with proposed changes [pdf]

H-1B draft with proposed changes [pdf]
lofgren.house.gov

Curious to see how this bill would prevent the major outsources from forming a load of subsidiaries and gaming the system anyway. Maybe it's more of a bill for show, than to actually solve anything.

Also, for those jobs with lower income potential, the question still stands - can the employers find enough US citizens to take on those jobs (and do them well), given the the low salary.

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While TCS, Infosys etc figure prominently in the H-1B debate, I think this new bill does not affect them as much as it is made out to be. The real downside is for staffing firms (popularly known as "desi consulting shops"), mostly run by Indian-Americans.

TCS employs 370K+ employees worldwide and had revenue of $16B+ in 2016. They might have gotten 3K H-1Bs each year. If they know how to run projects staffing 370K employees with 3K H-1Bs per year, they will figure out a way to run it with 500. Also, with that kind of revenue, they will pay the $130K if it comes to that.

H-1Bs, I suspect, have a power law distribution. TCS, Infosys etc top the list of H-1B visas per year, but there is a long tail of companies which get allotted few visas every year. Some of these in the long tail are high tech firms in real need of skill and are the ones paying appropriately for it (AmaFaceGoodSoft etc). But I think the larger cohort are the staffing shops which bend the rules often and pay low.

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[1]: https://news.ycombinator.com/item?id=13534296