Fair enough. What you could do is to split the 55,000 visas into 50,000 for US entities hiring foreigners. Then you could have a separate 5000 H1-Bs for foreign

Fair enough. What you could do is to split the 55,000 visas into 50,000 for US entities hiring foreigners. Then you could have a separate 5000 H1-Bs for foreign companies operating in the US. None of the latter would ACTUALLY be able to hire a single person realistically, because Wipro/Infosys etc would just grab those 5000 completely. But at least the other 50,000 would go towards startups and the Googles/Facebooks/etc of the world hiring foreign talents.