[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Benzinga [@Benzinga](/creator/twitter/Benzinga) on x 305.8K followers Created: 2025-07-09 11:59:54 UTC Shares of private prison giants Geo Group and CoreCivic are on the rise after President Donald Trump’s “Big Beautiful Bill” cleared Congress. The sweeping tax and spending package sets aside $XX billion over four years to supercharge immigrant detention—tripling prior funding levels and doubling detention capacity to XXXXXXX beds. ICE is already issuing new contracts, expanding facilities managed by both companies. Stocks surged on the news, with investors betting big on the bill’s massive influx of federal cash. The legislation also includes $XXXX billion for the U.S.-Mexico border wall and $X billion for surveillance tech. Supporters say the investment will strengthen national security. Critics, including Rep. Alexandria Ocasio-Cortez, argue it’s a profit grab by private prison firms that comes at the expense of humane treatment and budgetary discipline. ICE detention figures have hit record highs, stoking further debate. Bottom line: Wall Street is bullish—but the political blowback is already heating up.  XXXXX engagements  **Related Topics** [tax bracket](/topic/tax-bracket) [trumps](/topic/trumps) [stocks](/topic/stocks) [Post Link](https://x.com/Benzinga/status/1942916618952044992)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Benzinga @Benzinga on x 305.8K followers
Created: 2025-07-09 11:59:54 UTC
Shares of private prison giants Geo Group and CoreCivic are on the rise after President Donald Trump’s “Big Beautiful Bill” cleared Congress.
The sweeping tax and spending package sets aside $XX billion over four years to supercharge immigrant detention—tripling prior funding levels and doubling detention capacity to XXXXXXX beds.
ICE is already issuing new contracts, expanding facilities managed by both companies. Stocks surged on the news, with investors betting big on the bill’s massive influx of federal cash.
The legislation also includes $XXXX billion for the U.S.-Mexico border wall and $X billion for surveillance tech.
Supporters say the investment will strengthen national security. Critics, including Rep. Alexandria Ocasio-Cortez, argue it’s a profit grab by private prison firms that comes at the expense of humane treatment and budgetary discipline. ICE detention figures have hit record highs, stoking further debate.
Bottom line: Wall Street is bullish—but the political blowback is already heating up.
XXXXX engagements
Related Topics tax bracket trumps stocks