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Talk of post-election comprehensive immigration reform

The editorial board of Bloomberg News is headquartered here in New York. The group recently opined that comprehensive immigration reform might not be as politically dead as believed even as recently as early this year.

In a recent essay, the board said that if Hillary Clinton is elected president this fall, both Democrats and Republicans can be expected to revive the push for reform. In fact, New York Sen. Charles Schumer has predicted that an overhaul of the nation's immigration system will be passed by a new Congress next year.

The Bloomberg editorial board acknowledges that this same sort of logic led many to conclude back in 2012 that a Mitt Romney defeat would result in a push for comprehensive immigration reform that would finally get it done. As you might recall, the Senate passed a version in 2013 with some significant bipartisan reforms, only to see it scuttled by the House.

The editorial board notes that America's flawed immigration system causes unnecessary pain for "families caught in the stalled gears," as well as for businesses in dire need of skilled workers that increases in immigration quotas could help provide. High-tech companies especially are passionate about an increase in H-1B visas for skilled workers, and creation of a special entrepreneurs visa.

They argue that a market-based immigration overhaul would position the U.S. to not only remain an innovation leader, but would also put the nation in place to see its gross national product grow at a faster clip.

No one knows the outcome of the November election, and we are not in the business here of making predictions or taking sides, but is clear that many leaders on both sides of the aisle hope that one day soon the political divide can be bridged on this important issue.

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