WATCH: President Trump Announces New Immigration Bill LIVE STREAM

President Donald Trump will join Sen. Tom Cotton and Sen. David Perdue Wednesday to announce new immigration legislation that would cut legal immigration in half.

Watch live above, scheduled to start at 11:30 a.m. EST.

Cotton and Perdue announced their reform plan for immigration back in February by saying they want to lower legal immigration to 637,960 in its first year and to 539,958 by its tenth year. According to the report, 1,051,031 immigrants arrived in 2015 alone.

“For over a quarter century, the United States has accepted an average of 1 million immigrants annually — the equivalent of adding the entire state of Montana each year. But when only 1 out of every 15 immigrants arrives in the United States on a skills-based visa, the majority of the remaining immigrants are either low-skill or unskilled.”

Yes, they want to be able to pick who can come into the country based off what they can offer, calling it a “skills-based immigration bill.”

While Trump has been a big advocate for keeping out illegal immigrants, i.e. his border wall, this legislation is focused on legal immigration.

The plan hopes to do three things: prioritize immediate family households, eliminate outdated diversity visa lottery, and place a responsible limit on permanent residency for refugees. This means they will preference the spouses and minor children of U.S. citizens and legal permanent residents. They also will eliminate the visa lottery, replacing it with their “skills-based” picking system. Lastly, it would limit refugees offered permanent residency to 50,000 per year.

[image via screengrab]