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The Vision!
Our vision is to reduce recidivism via scalable high school graduation, inmate job training, and employer incentives. Image: Nelson Mandela and Bill Clinton.
Objectives Per State:
- Reduce recidivism from 50% to 25% per state.
- Investment budget: $ 600.0 million annually.
- Fund a six-year pilot program.
- Fund 5,000 job trainings annually.
- Fund 10,000 GED graduations annually.
- Fund 80,000 employer incentives.
- Fund 300 inmate call center.
- Fund new parole apartments.
How To Fund Our Vision!
Objective: Amend two existing Federal laws and fund the proposed initiatives to reduce recidivism from 50% to 25%, per state.
1. Amend Public Law 117-169 (Federal Tax Credit Funding).
- Sell $ 600.0 million in Federal Tax Credits to fund initiatives.
- Program population: 15,000 (Job training and GED graduations).
- Avoided cost: $ 2.2 billion (11,250 people @ $200,000 each).
2. Amend WOTC section 51 (Employer Incentive).
- Law change: Increase the $2,000 incentive to $25,000 per person.
- Incentivize 80,000 employers to hire former inmates.
- Sell $ 160.0 million in employer incentives ($ 2,000 each, 80,000 units).
- Annual IRS cost: $ 2.0 billion (80,000 companies @ $25,000 each).
- Avoided cost: $ 12.0 billion (60,000 people @ $200,000 each).
Societal Cost!
- $ 600.0 million investment creates $ 14.2 billion avoided cost.
- Image: $1.0 billion in cash, 11 and 3/4 pallets.
- Image: $1.0 billion weighs 22,000 lbs.
State/DOC Cost Savings!
Evaluate a cost-sharing agreement for the "GED Inmate High School Education" initiative.
Evaluate a cost-sharing agreement for the "Inmate Trade School Workforce Development" initiative.