This study sponsored by HJTA gives a detailed report of the financial condition of state prisons in California. The study shows how a privatized prison system would be a huge step to correcting a hemorrhaging state prison budget.
Click here to read the study summary:
http://reason.org/files/private_prisons_california_policy_summary.pdf
Click here to read the full study:
http://reason.org/files/private_prisons_california.pdf