Trump’s Immigration Plan Could Boost US Private Prisons

1
Donald Trump
While Obama has shurt down the use of some private prisons, Trump hopes to open more. (Univisión)

Espa√ĪolPresident-elect Donald Trump’s immigration¬†plan¬†to deport millions of people¬†could benefit private prisons, some experts say.

Stock market numbers seem to be supporting the idea, as CorecCivic Co. recorded its largest gain on the New York Stock Exchange, increasing in November by 43 percent.

Subscribe to our daily newsletter

Additionally, the private prison company Geo Group has seen its value increase by 21 percent, according to reports.

On the campaign trail, Trump said the United States’ prison system was a disaster, and expressed¬†his¬†support for private prisons.

In August, President Obama announced that the government would no longer be including 13 private prisons in the federal prison system.

Obama’s¬†announcement comes after an audit conducted by the Department of Justice that revealed private prisons presented more security problems than those operated¬†by the government.

 

After Obama’s announcement, various federal officials admitted that they might be considering the gradual elimination of the use of all private prisons, but that doesn’t look to be the case for Donald Trump.

“I believe that we can make many more privatizations and private prisons,” Trump said. “It seems to work much better.”

Currently, Immigration Control and Customs oversees 34,000 immigrants eligible for deportation, 13 percent of which are located in private prisons.

Source: Ciber Cuba

Subscribe to our daily newsletter
Sign up here to get the latest news, updates and special reports delivered directly to your inbox.
You can unsubscribe at any time