President Donald Trump announced Dec. 19 that his administration has sold more than $1.3 billion worth of “Trump Gold Cards,” a new immigration program offering expedited residency to high-skilled foreign talent, with proceeds going toward paying down the national debt.
In remarks to the press, Trump said that sales had exceeded $1.3 billion and described the Gold Card as a “green card on steroids.”
He said the option would allow companies to retain graduates from elite institutions, such as Harvard and Wharton, who might otherwise have to go back to their native countries upon graduation.
“They graduate from the top schools,” Trump said. “These people want to hire them. Now you’re able to buy a card and you’re able to keep people in the country.”…