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Yet the regulation says you have reached spend for 2 years which is all. Second, at one of the stakeholders meetings put on by USCIS, I asked an inquiry: Have you done any kind of study on just how much cash stays beyond the 2 years? And the solution was no


Thank you, Mr. Chairman. Let me simply ask, Mr. Divine, you hear this objection that the money just has actually to stay invested for 2 years. Mr. Divine.






It is none less complicated always than when it was in the problems that led to the foreign financiers being the very best option for financing things in the very first place. But, hi, if it is a successful task, it generates income, and it can be marketed, I do not see any factor why the job need to not have the ability to be sold and for the financier to be able to understand the return of his financial investment, maybe get on his financial investment, much like every various other capitalist.

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If you have a task that is moneyed directly with the Immigrant Financier Program and it is believed to be using undocumented employees, Immigration and Traditions Enforcement could check out the company, could they not? Mr. Divine. They could. I indicate, I think what we need to understand likewise is that the instance that is being pointed out as evidence that in some cases these tasks have employed an unapproved employee is one in which USCIS did some kind of monitoring and figured out that the worker was not authorized and quit it.


Mr. Divine. Every one of these companies is required to complete the I-9 type, but USCIS goes a step better and does a check of some kind that led to the case that has been discussed. I am not a witness right here, yet I am so struck by Mr.

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I mean, Indicate recommend that suggest of you actually-- Really North, in your case, situation out from inside the Beltway and go up there and talk with some of these people.


They will certainly state, "We have got concerning 9 of us here, and we have actually been right here considering that 5 o'clock today, Mister." [Giggling.] Chairman Leahy. Not quite what an unlawful immigrant might be stating. I think Mr. Stenger would say that one of his British investors was assuming, "Are we all speaking the exact same language below?" Mr.


I asked Mr. Stenger this. Let me ask you what your experience is as a former firm official. What does it do if Congress keeps tasting a last-minute reauthorization? In this situation it would certainly be, I assume, September of next year, September of 2012. What does that do to a firm trying to administer a program if Congress waits till the last couple of days to reauthorize it? What is the practical effect? Mr.

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I suggest, the firm in result is-- USCIS is a fee-funded firm, so it is basically sort of running a company and has to cover its expenses with the earnings that is produced. To run this program properly, more info USCIS needs to staff up in a huge way, taking care of the volume that is already there and expecting the enhanced volume of more financial investment as we get back at near to half of the 10,000 visas that are offered in this classification.

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I mean, that has actually got to really feel like a conflicting situation, and you would visualize that it is going to hold someone back. Now, I am not saying that they are holding back, and I understand that they are trying to staff up since I make sure they think and wish that the program will certainly be reauthorized for the advantage of the Country.


And is that actually where they are mosting likely to be able to invest their time and resources in attempting to clear the guidelines of this program to make sure that everyone knows whether they can qualify or not and which kinds of projects are going to qualify and so forth? We need that continually.


And, Mr. Stenger, we in Vermont-- once more, a tiny State, yet we have the State federal government involved with the Vermont Regional. Mr. Stenger.