Private Prison Companies May Shoot For Trump Infrastructure Cash - News Summed Up

Private Prison Companies May Shoot For Trump Infrastructure Cash


Damon Hininger, CEO of the country's largest private prison company, sure thinks he knows what Trump means. To Hininger, when Trump says "infrastructure," he doesn't just mean roads and bridges, he also means prisons and jails. The "conversation" he was referring to is, of course, Trump's $1 trillion infrastructure plan. Instead of issuing public debt--the simplest and cheapest way to build things--Trump would dangle a massive tax break to attract private investment to public infrastructure. Private prison companies like CoreCivic don't need a tax break--because they've already got one.


Source: Huffington Post January 27, 2017 22:07 UTC



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