The #PrivatePrison Industry Looks Forward to Soaring Profits Thanks to #Trump’s Budget
The $45 billion for #ImmigrationDetention in the "#BigBeautifulBill" represented a long-sought win for private prisons.
Matt Sledge, July 10 2025
Excerpt: "In the 2024 election cycle, employees and PACs affiliated with the publicly traded industry behemoths GEO Group and #CoreCivic contributed overwhelmingly to Republicans and Trump.
"Republicans received 92 percent of $3.7 million in contributions affiliated with GEO Group and 96 percent of the $785,000 in contributions affiliated with CoreCivic, according to #OpenSecrets, a nonpartisan, nonprofit research group that tracks official disclosures. When Trump won, the two companies gave $500,000 each to his inaugural committee.
Even though the industry kept profiting from the Biden administration — despite a supposed ban on private prisons — one advocate said it was clear to her why companies went all-in on Trump."
Read more:
https://theintercept.com/2025/07/10/corecivic-trump-big-beautiful-bill/
Archived version:
https://archive.ph/t6cYB
