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Is Your Citizenship Worth $1 Million? An Alternative to Obama’s Proposal on Immigration

President Obama spoke yesterday on overhauling U.S. immigration.  He went straight to the thorniest issue, what to do about the millions of unauthorized migrants already here. Obama wants a third path between the extremes of blanket amnesty and mass deportation.

That compromise approach, he goes on to sketch, would be a combination of sending troops to the border, cracking down on employers, and obliging unauthorized immigrants to: