from The Daily Bell:
House lawmakers reach tentative deal to revamp immigration … Prospects for passage of a major immigration bill improved on Thursday when a bipartisan group of lawmakers in the House of Representatives declared they had reached a tentative deal, resolving disputes that had threatened to torpedo negotiations. The breakthrough came at the end of a two-hour private meeting of seven Republican and Democratic negotiators. The eighth negotiator in this so-called House Gang of Eight was unavailable after undergoing surgery on Wednesday. – Reuters
Dominant Social Theme: Welcome this rationalization of a difficult problem. Congress shall decide.
Free-Market Analysis: In the US legislative system, elected officials decide who comes and goes throughout the country. It didn’t used to be this way, though. The passport and visa system is only a post-War one. It seems strange but travel was a lot freer a century ago.
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