Will Private Prisons Decline as Inmate Population Stabilizes?

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The privately run prison in Walnut Grove, Ms., was besieged for years by violence and legal fights over deplorable conditions. Last month, with local sentencing reforms keeping fewer behind bars, officials shut it down, leaving the state on the hook for $121 million of debt left behind, Bloomberg reports. “The taxpayers are paying for that building and it . . .

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