They talked about this legislation on Tucker last night. Chain Migration will continue unless this issue is put up for debate. It sounds good to say "Cruz comes out against anything that would make DREAMERS citizens but in the meantime, whatever the number, 1,000,000 come in annually with chain migration and they do have a path to citizenship.
So, it continues where nothing is done on immigration reform. Even at that, it's doubtful, the votes are there to pass meaningful legislation.