“Closing a 1998 loophole would prevent companies from replacing American IT workers with foreign guest workers. Why hasn’t that been done yet?“
Because the biz elites and their DC lobbyists don’t want to have it happen. Nor do the billion dollar India Inc outsourcers. Nor do the politicians themselves, who live off the existing system.
Just ask Tom Donahue, president of Chamber of Commerce, the biggest wage-fixing lobby in DC.