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But the legislation says you have actually got to spend for 2 years and that is all. Second, at one of the stakeholders conferences place on by USCIS, I asked a question: Have you done any study on just how much cash remains beyond the 2 years? And the solution was no


Senator Grassley. Thank you, Mr. Chairman. I wish to have a second round. Chairman Leahy. Absolutely. Allow me simply ask, Mr. Divine, you hear this objection that the cash just needs to continue to be invested for 2 years. Has that been your experience? Mr. Divine. If cash gets taken into a hotel, as I was beginning to discuss earlier, the developer of that task would have to have the ability to find somebody to acquire the resort or would certainly need to have the ability to discover someone to re-finance it with various other money.






It is none simpler always than when it was in the conditions that brought about the international investors being the very best option for funding the thing in the very first area. Yet, hi there, if it is a successful project, it generates income, and it can be offered, I do not see any reason that the job need to not be able to be marketed and for the capitalist to be able to understand the return of his financial investment, perhaps acquire on his investment, much like every various other capitalist.

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If you have a task that is funded directly through the Immigrant Financier Program and it is believed to be employing undocumented employees, Immigration and Customs Enforcement could investigate the employer, could they not? Mr. Divine.


Chairman Leahy. That would certainly be the very same with any kind of company. Mr. Divine. Every one of these employers is required to complete the I-9 type, but USCIS goes an action further and does a check of some kind that led to the instance that has actually been discussed. Chairman Leahy. I am not a witness right here, yet I am so struck by Mr.


I suggest, I suggest that every one of you really-- Mr. North, in your case, get out from inside the Beltway and rise this page there and talk with some of these individuals. For one thing, you do not have a lot of illegal immigrants who fairly have the Vermont accent you listen to around there, especially when they speak about their grandparents that live there, and parents and so on.


They will certainly state, "We have actually got concerning 9 people here, and we have actually been below because 5 o'clock this early morning, Mister." [Laughter.] Chairman Leahy. Not fairly what an illegal alien may be claiming. I think Mr. Stenger he has a good point would claim that one of his British investors was believing, "Are we all talking the same language right here?" Mr.


I asked Mr. Stenger this. Let me ask you what your experience is as a former company official. What does it do if Congress maintains meeting a final reauthorization? In this case it would be, I think, September of following year, September of 2012. What does that do to a firm attempting to administer a program if Congress waits up until the last couple of days to reauthorize it? What is the functional impact? Mr.

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I suggest, the agency basically is-- USCIS is a fee-funded firm, so it is essentially sort of running a company and has to cover its expenditures with the income that is produced. To run this program properly, USCIS requires to staff up in a big method, dealing with the volume that is already there and anticipating the increased quantity of even more financial investment as we obtain also near to fifty percent of the 10,000 visas that are available in this category.

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I suggest, that has actually reached seem like a conflicting situation, and you would think of that it is going to hold someone back. Currently, I am not saying that they are keeping back, and I know that they are trying to staff up because I make certain they believe and really hope that the program will be reauthorized for the benefit of the Nation.


And is that really where they article source are mosting likely to be able to invest their time and resources in attempting to clear the policies of this program to ensure that everybody recognizes whether they can certify or otherwise and which kinds of tasks are mosting likely to qualify etc? We require that continually.


And, Mr. Stenger, we in Vermont-- once more, a tiny State, but we have the State government involved with the Vermont Regional. Does that add advantages to Vermont's program? Mr. Stenger. The reality that the State of Vermont is the regional center administrator, and actually I presume you would certainly call it the owner of the regional center, has actually been a remarkable benefit.