Very positive coverage by Bloomberg: http://www.bloomberg.com/news/2011-1...ists-view.html
Important/interesting bits:
The stupid hold by Grassley has not gone unnoticed:
A good economic argument for more EB GCs:After the House passed its legislation on Nov. 29, Senator Charles Grassley of Iowa, host of the upcoming caucuses, promptly placed a hold on the bill, which is expected to have broad support from his Senate colleagues.
And finally, the awesome conclusion:Only 15 percent of visas are granted for economic reasons, a policy that undermines U.S. companies competing in a global talent pool. Foreign students account for the majority of computer science and engineering doctorates earned from U.S. institutions. (In 2006, more than 4,500 foreign students earned engineering Ph.D.’s in the U.S., almost two-thirds of the total.) Yet there’s no policy to allow, let alone encourage, them to stay in the U.S. after graduation.
There is no reason a bill that passed the House by an overwhelming margin should be stymied in the Senate. For the health of the U.S. economy -- and perhaps for the health of Congress itself -- this eminently passable, aggressively unobjectionable, bipartisan legislation should be approved quickly.