SEOUL, Dec 6- For 61- year old construction worker Chae Chang- geun, an ethnic Korean from China, Seoul is a place to make money but not a place to call home.» Read More
Saker Nusseibeh, CEO of Hermes, says the U.S. economy could see a huge boost if it lets illegal immigrants enter the legal economy.
There was a lot of talk among media moguls yesterday at the Allen & Company conference about Steve Ballmer's plan to realign Microsoft, immigration reform and the NSA's Prism controversy, reports CNBC's Julia Boorstin.
House Republicans are adamant against approving the Senate version of legislation and are instead talking about passing several bills that address various immigration problems, but not necessarily legalizing the estimated 11 million undocumented residents.
"We could in the House pass the bipartisan plan that came out of the Senate today if the Speaker were willing to put it up for a vote," remarked Rep. Chris Van Hollen, (D-MD), discussing a bipartisan effort to pass immigration legislation in Congress.
House Republicans huddle to discuss their next move on immigration reform. National Review's Robert Costa, and Jose Mallea, The LIBRE Initiative, discuss whether immigration reform is on the ropes.
The Obama administration is urging the House to support immigration reform. Gene Sperling, National Economic Council, provides perspective. "This bill brings in new visas for people who are doing start-ups, and creating jobs," he says.
House Republicans confronting the politically volatile issue of immigration are wrestling with what to do about those already here illegally.
WASHINGTON, July 10- The White House is trying to turn up the pressure on Republicans in the U.S. House of Representatives to pass sweeping immigration reform in coming weeks, making the argument that modernizing the outdated system would boost the economy and cut the deficit.
WASHINGTON, July 10- Granting citizenship to 11 million undocumented immigrants in the United States could boost state and local government coffers by about $2 billion annually, said a liberal-leaning think tank study released on Wednesday.
WASHINGTON, July 8- U.S. immigration reform supporters are launching a push for the legislation this week that includes phone calls to lawmakers from Catholic bishops, visits to Capitol Hill from high-tech lobbyists and an ad blitz sponsored by organized labor.
Lawmakers returned to fights over presidential nominations, student loans and the farm bill, and to the question of whether they can pass immigration reform.
WASHINGTON, July 3- A U.S. Senate- passed immigration bill would significantly reduce the flow of illegal immigrants, but increased U.S.- Mexico border security costs would eat into projected budget savings, the Congressional Budget Office said on Wednesday.
*Bipartisan vote in Senate fails to boost prospects. The Democratic-controlled Senate on Thursday approved a bipartisan immigration bill backed by President Barack Obama, but leaders of the Republican-controlled House of Representatives are not expected to take action on the measure.
The Senate passed the immigration bill, and it is on its way to the House; and a deadline is fast approaching for a deal that would keep student loan rates steady, reports CNBC's Seema Mody.
WASHINGTON, June 27- The U.S. Senate approved a landmark immigration bill on Thursday that would provide millions of undocumented immigrants a chance to become citizens but the leader of the House of Representatives said the measure was dead on arrival in the House.
CNBC's Maria Bartiromo speaks to former Treasury Secretary Hank Paulson says the big question today is "why is the Fed the only game in town." He discusses his plan for economic growth.
The Senate is done voting on the comprehensive immigration reform bill. CNBC's Eamon Javers reports the bill passed 68-32 and is now headed to the House.
But the bill may not progress beyond the Senate. The legislation, debated nearly non-stop since early May- first in the Senate Judiciary Committee and now on the Senate floor, is backed by President Barack Obama, who has made enactment of such a law one of his top priorities this year.
*U.S. says Macy's to pay $175,000 fine, set up worker fund. *Macy's said to discriminate, use unfair document practices. June 27- Macy's Inc has agreed to pay a $175,000 civil fine and improve its practices to resolve a U.S. government probe that found the retailer had discriminated against immigrant employees when verifying their eligibility to continue to work.
June 27- Macy's Inc has agreed to settle U.S. government charges that it violated U.S. law in how it verified documentation to determine the work eligibility of immigrant employees.