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Republicans have expressed a new willingness to consider an overhaul of the immigration system in light of the drubbing that Mitt Romney took with Hispanic voters in the election. House Speaker John BoehnerJohn BoehnerLobbyists bounce back under Trump Business groups silent on Trump's Ex-Im nominee Chaffetz won't run for reelection MORE (R-Ohio) said he’s confident that the parties can find common ground on the issue.

The Daily Caller first reported the Senate draft proposal and has more details of the plan here.