Private Prisons Expect Business Boom

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private prison companies

ABC News

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Private prison firms contributed more than $1M to Trump's reelection. Now they expect a business boom

Summary

Nutrition label

73% Informative

Private prison firms contributed more than $1M to Trump 's reelection campaign.

One company estimated a potential $400 million annual revenue increase.

Executives from CoreCivic say they are preparing to meet demand for detention beds.

Watchdog group: "Corporations that are looking to drive policy in ways that favor their interests".

Under the Trump administration, GEO Group's revenue grew from $2.17 billion in 2016 to $235 billion in 2020 , with ICE accounting for 43% of its customer revenue.

ICE's "border czar" Tom Homan has suggested private-run detention facilities would be the cheapest and most effective way to increase the country's capacity to house migrants.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful