American Action Forum President Douglas Holtz-Eakin said President Trumpâs new immigration plan is bad for business.
âThis is basically a proposal that doesnât increase high-skilled immigration at all and it only has one kind of skill allowed inâthatâs the high skill and the labor market has a high range of skills,â he told FOX Businessâ Stuart Varney, and added that moving towards market-based immigration reform âreflects the needs in the markets.â
Holtz-Eakin did agree, however, with the way Trump proposed to reform the visa system.
âI think itâs on the mark in changing the way we award our visas. Right now, under 10% of visas are awarded for economic reasons and thatâs not a very sensible approach in the 21st century,â he said.