I favor much-more-open borders for people who want to immigrate and become citizens. Any kind of guest-worker program, including the H1B system, I'm more skeptical about. It's understandable for capital to work to carve out selected holes in the fence to benefit themselves the most -- changing the laws isn't easy or cheap -- but that's not the change I'm excited to get behind. (I don't know what specific changes are being pushed right now, if any.)
This is my position, as well. Worker visas are effectively a modern indentured servitude. Foreign workers are much less likely to be a fluid commodity on the job market as US citizens can be, because they have their visa to worry about. I oppose borders, generally speaking, but I have a hard time swallowing the massive corporate empowerment represented by the worker visa process (bootstrapped startups also cannot effectively participate, either).