cfulmer's Journal: Immigration bill vastly increases H1-B visas

The Raleigh News and Observer is reporting that the McCain-Kennedy Immigration Reform bill would increase the number of H1-B visas from its current level of 65,000 to 115,000.

One wonders whether hi-tech companies are pushing this just to deflate wages of their U.S. talent or to avoid costs of training U.S. workers to fill the new positions.