President Trump made a Rose Garden speech to roll out his new immigration plan, which was crafted by his son-in-law and senior adviser Jared Kushner. The administration is hoping to overhaul the current U.S. system, shifting it from family based to a merit-based one that prioritizes visas for high-skilled workers, secures the southern border and potentially generates an estimated $500 billion in net federal revenue. Andrew Mach speaks to Bloomberg News White House reporter Justin Sink about what's in the plan and it's likely path forward.

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Mark's latest report: Trump Unveil's Kushner's Immigration Overhaul Plan You can follow Justin at: @justinsink 

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TicToc is a daily news podcast hosted by Andrew Mach (@andrewjmach), produced at Bloomberg Worldwide HQ in New York City. You can follow up with us and watch our reporting @tictoc. If you like it, be sure to rate us on iTunes, and tell your friends!