In Trump’s deportation plan, the private prison industry sees a lucrative opportunity

  • 📰 ABC
  • ⏱ Reading Time:
  • 52 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

Article News

115775702

An executive said the plan could mean a 'potential sea change' for the industry.

The Adelanto Detention Facility on Nov. 15, 2013 in Adelanto, Calif.to deport what could be millions of undocumented immigrants from the United States, another stakeholder appears poised to cash in on the complex logistics that would be required: the powerful private prison industry.

MORE: As Trump returns to the border, a closer look at what he's pledging to do on immigration if elected " is going to rely heavily on them," Sandweg told ABC News. "Those private contractors are going to make billions, legitimate billions off this."The two largest private prison companies -- Geo Group and CoreCivic -- saw their stocks surge after the election last week.

For years, many Democratic lawmakers have called for an end to the federal government's use of private prisons due to what they say is inadequate oversight in private facilities that results in underreported health and safety violations. In a letter sent to Homeland Security Secretary Alejandro Mayorkas in May, Sen.

"Using outside contractors that run facilities like this as their core business function saves millions of dollars in taxpayer funds and increases the quality of care those being detained receive," Homan wrote in his 2020 book, "Defend the Border and Save Lives."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 471. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines