The legislation changed significantly over the sessions. Republicans stopped supporting it after Reid reneged on requiring e-verify.
(0) https://www.senate.gov/legislative/LIS/roll_call_lists/roll_...
Look at the bi-partisan hate for Facebook and Google. Regardless of how you feel about the privacy issues there, it is clear that neither party is particularly friendly to the needs of Silicon Valley.
While the merit based immigration idea is nice, I think it will fail for the following reasons:
- Trump is not putting his political weight behind it. It was floated as an interesting policy proposal, but he didn't put his weight behind it like he did for say tax reform, ACA repeal, etc.
- As mentioned above, neither party is especially driven to help Silicon Valley
- While it may help Silicon Valley and tech companies, this change also really hurts people who count on family based immigration to bring their loved ones into the country. I don't think it would be politically popular to cut off family based immigration to help tech companies.
I think if Trump (or Obama etc.) wanted to help the situation, the simplest path forward is through executive action. Trump (or Obama etc.) can easily change the priorities and internal policies of INS to make it easier for tech workers to come to America, within the bounds of current law.
https://www.theatlantic.com/politics/archive/2017/03/trump-c...
Right now the majority of legal immigration to the US is based on having family in the US. The US has a much more expansive view of family unification than does Canada -- for example an adult in the US can sponsor their adult siblings and all of their children, spouses, and parents for citizenship -- which is not something you can do in Canada. Once citizens, all of those folks can then sponsor their extended family for family reunification migration as well.
https://prod-cdn-static.gop.com/media/images/US_vs._Canada_1...
This kind of proposal would be good for people currently on H1B that would like to become citizens. However, the cost would be far fewer extended-family reunification immigrants.