Wednesday, December 7, 2016

The corporation that deports immigrants has a major stake in Trump’s presidency

President-elect Donald Trump’s brief foray into the airline business ended in financial ruin. But his aggressive deportation plan could bring a huge windfall to the industry.

Private prison companies, which enjoyed huge stock rebounds after Trump’s election, are doing the math: Immigration and Customs Enforcement detention centers are already bursting at the seams, and the agency is struggling to figure out where to put a record number of detained undocumented immigrants. If Trump’s plan to deport 2 or 3 million more immigrants comes to pass, ICE will almost certainly turn to industry behemoths like GEO Group and CoreCivic, formerly Corrections Corporation of America, to jail them.

But there’s another big payout waiting at the end of the process: the actual deportation....
https://thinkprogress.org/trump-immigration-corporations-3ff5a3de7af#.7tw3v7cq5


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