President Donald Trump revealed the second “gold cards” card that the White House hopes to offer to refugees to reduce the national debt on Thursday.  ,
As he interacted with reporters aboard Air Force One, the president waved what he called the” Trump card”, which was emblazoned with his image, saying that the visa would “be out in less than two weeks, probably” . ,
” For$ 5 million, this could be used. It was the first of the tickets”, he told the media.  ,” You know what that id is, it’s the platinum card, the Trump cards”.
When asked who the second customer was, Trump said,” Me. … I’m the first buyer” . ,
” Quite interesting, right? Anybody want to get one”? he asked.  ,
The gold card proposal modifies the government’s EB-5 immigrant visa program and would be sold to foreigners for$ 5 million, affording them work privileges and giving them a path to citizenship.
The Trump administration has touted the proposal as an avenue to reduce the federal debt, which sits at a whopping$ 36 trillion.  , Trump’s plan was raise$ 1 trillion if just 200, 000 platinum cards are issued, Commerce Secretary Howard Lutnick said during a Cabinet meeting in February.  ,
The leader believes creating golden cards may offer a method for companies such as Apple to maintain or get top talent. Any company or person may get the cards on behalf of individuals wanting to get into the state and then use those people.  ,
” I get enquiries from, as an example, businesses where they want to use the No. 1 scholar at a university. Person comes from India, China, Japan, lots of different areas. And they go to Harvard, the Wharton School of Finance, they go to Yale”, Trump said. ” And they make task offers, but the present is soon rescinded because you have no idea whether or not that people can stay in the country. I want to be able to own that people stay in the country. These businesses may go and get a platinum card, and they can use it as a matter of selection”.
WHAT TO KNOW ABOUT TRUMP’S GOLD CARD Software
” A lot of rich people will be coming into our land by buying this card”, the senator added in February during notes to writers in the Oval Office. ” They’ll be wealthy and they’ll be successful and they’ll be spending a lot of money and paying a lot of taxes and employing a lot of people” . ,
The plan could face legal challenges, according to Sen. James Lankford (R-OK ), who said the president may need Congress to modify the EB-5 immigrant visa program long-term.
