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September 25, 2026 / 6:00 AM EDT / CBS News

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In a single day in January, Immigration and Customs Enforcement spent more money than it had on any other day in either of President Trump's terms, federal spending records show.

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The agency advanced billions to Chicago Title Insurance in escrow to acquire detention facilities, according to a Department of Homeland Security spokesperson. Over the next two months, ICE used $1.07 billion of the funds to purchase 11 warehouses it planned to convert to detention megacenters, seven of which the agency now plans to sell.

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The rest of the money sat with the firm for months after ICE abandoned the warehouse plan. In July and August, ICE moved $2.2 billion from Chicago Title to purchase four detention facilities from CoreCivic, a private prison company it separately pays to continue operating them.

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In its rush to expand detention capacity, ICE wasted millions of taxpayer dollars, the Government Accountability Office found in a report released Thursday. The agency failed to account for long-term costs in acquiring detention centers and lost $20 million in unrecoverable costs purchasing the warehouses it no longer plans to use, the review found. Even more could be lost if…

Original source: https://www.cbsnews.com/entertainment/

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