January 28, 2010
Private prison company CCA finds gold in CA (thanks, Gov)
In the intensifying debate over budget-driven releases of state prison inmates, the state's cash problems are well known. But at least one private correctional company is reaping major rewards.
In three years, a private-prison construction and management company, the Corrections Corporation of America, has seen the value of its contracts with the state soar from nearly $23 million in 2006 to about $700 million three months ago – all without competitive bidding. Even in a state accustomed to high-dollar contracts, the 31-fold increase over three years is dramatic.
During the same period, the company's campaign donations rose exponentially, from $36,750 in 2006, of which $25,000 went to the state Republican Party, to $233,500 in 2007-08 and nearly $139,000 in 2009. The donations have gone to Democrats, Republicans and ballot measures. The company's largest single contribution, $100,000, went to an unsuccessful budget-reform package pushed last year by Gov. Schwarzenegger…
LINK - CapitolWeekly.net
