The White House has announced that President Obama will proclaim the executive actions he will take on immigration tomorrow night at 8pm eastern. Proponents of business reforms should expect to be disappointed as it is not believed that he will take any action to address retrogression. However, it is expected that he will extend the STEM OPT period for US graduates. The White House believes this action will impact the number of H-1b cap filings. We believe that this change will have a positive impact on any US grad who was not so lucky, to have been chosen in the lottery but, will have no impact on the overall number of H-1b cap filings. The connection between those two, we think is mis-placed. We will provide a summary after his speech.