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U.S. Planned Parenthood Reports Record Profit, Record Amount of Taxpayer Funding
LifeSiteNews.com ^ | June 8, 2007 | John Jalsevac

Posted on 06/08/2007 9:21:11 PM PDT by monomaniac

Received taxpayer funds totaling $305.3 million — a whopping $32.6 million (12 percent) more than last year

By John Jalsevac

WASHINGTON, June 8, 2007 (LifeSiteNews.com) – On June 6 Planned Parenthood (PP) released its official 2005-2006 annual report. The report details the activities and financial situation of the organization at length.

During the year of 2005-06, besides reporting that 264,943 children were killed by medical and surgical abortions performed by its clinics, it also reported a record income, including a record amount of taxpayer funding. Planned Parenthood’s total income for the year was $902.8 million, with a $55.8 million profit.

Jim Sedlak, who is the is executive director of STOPP International, a project of American Life League, as well as vice-president of American Life League, analyzed and commented on the data presented in the 2005-06 report.

“Once again, Planned Parenthood took in much more money than it needed,” writes Sedlak. “It reported ‘excess of revenue of expenses’ of $55.8 million for the fiscal year. This marks the 34th year in a row that Planned Parenthood has reported ‘excess revenue’ — otherwise known as profit. Over the years, Planned Parenthood has reported total profits of over $700 million. It has amassed a treasure chest of assets worth $839.8 million.”

Sedlak points out that Planned Parenthood’s income comes from three sources: “fees charged at its clinics; donations from corporations, foundations and individuals; and taxpayer money received from government grants and contracts.”

However, according to the 2005-06 report, both income from the foundation’s clinics, as well as donations from corporations are down from the previous year. Clinic income, estimates Sedlak, was down about $1.5 million from the previous year, whereas donations were down $3.6 million.

And yet, points out Sedlak, Planned Parenthood still reported a record level profit.

“The final category of Planned Parenthood revenue sources is you and me — the American taxpayer,” Sedlak continues. “I am sorry to report to you that Planned Parenthood reported receiving taxpayer funds totaling $305.3 million — a whopping $32.6 million (12 percent) more than last year. This means that taxpayer money now accounts for 34 percent of Planned Parenthood's income.”

“The bottom line is that Planned Parenthood is losing donations, its clinic income is down and you and I are being forced to pay more so the organization can kill our children through abortion and spread its perverted ideology throughout the land…Something is wrong here.”

Planned Parenthood, however, is not satisfied with the $305.3 million in taxpayer money that it received during the 2005-06 year, but is currently seeking more government/taxpayer funding.

“As I write this, Planned Parenthood in California is fighting for increased Medi-Cal reimbursement rates so it can get more taxpayer money for every customer it sees. Never mind that its nine affiliates in California have received over $270 million in taxpayer money since 1998 and have total profits of over $83 million during that time.”

“This year's annual report makes it clear. Average citizens are spending less and less at Planned Parenthood clinics. Wealthy citizens are not giving Planned Parenthood as much in donations as they have in the past. Only our government officials are giving more to Planned Parenthood and they are giving it our money.”

He concludes his analysis of the annual report by exhorting citizens to complain to their elected officials in order to stop taxpayer funding for Planned Parenthood, saying, “It is time we all said NO to Planned Parenthood.”

To sign a petition against taxpayer funding of Planned Parenthood visit: http://www.StopPlannedParenthoodTaxFunding.com.


TOPICS: News/Current Events; US: District of Columbia
KEYWORDS: abortion; babykillers; babymurderers; fundingtheleft; howmuchisababyworth; infancide; infanticide; murderforprofit; plannedparenthood; prolife; taxes

1 posted on 06/08/2007 9:21:11 PM PDT by monomaniac
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To: NYer; Coleus; Salvation; cpforlife.org

ping


2 posted on 06/08/2007 9:28:52 PM PDT by AliVeritas
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To: 2ndMostConservativeBrdMember; afraidfortherepublic; Alas; al_c; american colleen; annalex; ...
Planned Parenthood Brings in 900M Dollars Thanks to Abortion Business
3 posted on 06/08/2007 9:36:13 PM PDT by Coleus (Woe unto him that call evil good and good evil"-- Isaiah 5:20-21)
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To: monomaniac

Stuff like this hits you HARD on both levels.

The fiscal conservative in me is appalled that my money is funding this evil, and then the pro-life part of me is sickened by the number of taxpayer funded abortions.

What a ghoulish abomination of all that our government is supposed to stand for!


4 posted on 06/08/2007 9:41:08 PM PDT by rom (17" MacBook Pro. 30" Cinema Display. 1 Happy Programmer.)
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To: rom

Why do taxpayers have to pay for Planned Parenthood?

I’ll repeat that :

Why do taxpayers have to pay for Planned Parenthood?


5 posted on 06/08/2007 10:03:12 PM PDT by CondorFlight (I)
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To: CondorFlight

Because your friendly Congress passed a law allowing that funding. Both Bush and Clinton signed laws increasing the funding for Planned Parenthood during their terms in the White House.


6 posted on 06/08/2007 11:00:12 PM PDT by gpapa
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To: monomaniac

If abortion is a “right”, and the poor can have gov’t funded abortions...then the 2nd ammendment is a right therefore the gov’t has to provide firearms for the poor.

I’d like to see the gov’t subsidize the gun industry so that the poor can defend themselves. In fact, since the 2nd ammendment is actually IN the Constitution and abortion is not, let the gov’t provide nice semi-autos to the poor.


7 posted on 06/08/2007 11:05:21 PM PDT by rbosque ("A nation which kills it's own young has no future." -- John Paul II)
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To: gpapa

Bush signed the law increasing the funds for planned parenthood? Are you certain of that? That is awefull. Why do they need any of our money when they make so much profit for murdering the unborn! This is the main reason, I believe, that we are being attacked by terrorists. Until it stops we are vunerable because God’s protection is limited.


8 posted on 06/08/2007 11:05:22 PM PDT by fabian
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To: monomaniac

It must be because of the beautiful commercials they are playing on the radio and TV here that describe all of the wonderful things that they provide; birth control, counseling, testing, everything but abortions. I wonder why they don’t mention that?


9 posted on 06/09/2007 12:04:53 AM PDT by theymakemesick (Under sharia law, bacon will be illegal in Americistan, reason enough to keep islam out of America)
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To: fabian; gpapa

http://www.covenantnews.com/lefemine050208.htm


10 posted on 06/09/2007 12:10:20 AM PDT by wardaddy (on parole)
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To: wardaddy

thanks...that is horrible. I’m going to do everything I can to help get a true conservative for president in 2008. I think our survival as a country depends on it. You can be as strong as you want on the war on Islamic whackos, but if you don’t take a strong stand against abortion terrorists it won’t help our country much...if at all.


11 posted on 06/09/2007 12:40:41 AM PDT by fabian
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To: fabian
Yes I am certain of that. For more see below (does not include allocations for 2005 & 2006):

The two main sources for Planned Parenthood funding that will be examined in this report are the $50 Million plus Planned Parenthood gets annually through the Title X program, and the est. $50 Million plus Planned Parenthood gets annually through the Medicaid program.

This adds up to a total of over $100 million of federal taxpayer dollars given annually, during George W. Bush's presidency, through just these two programs, made possible by President Bush's own signature of approval on repeated HHS Appropriations bills, to Planned Parenthood, the largest chain of child-murder-by-abortion centers in America, murdering over 200,000 unborn human beings by surgical abortion alone per year.
Source 2004: http://www.covenantnews.com/lefemine041031.htm
12 posted on 06/09/2007 12:58:08 AM PDT by gpapa
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To: wardaddy; fabian

I was a little late on my answer; sorry about that. You are absolutely right fabian in your following answer, we still need to elect a strong pro-life President in 2008 to maintain a consistent culture of life in our country.


13 posted on 06/09/2007 1:06:42 AM PDT by gpapa
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To: monomaniac
264,943 children were killed by medical and surgical abortions performed by its clinics

Nazis.

14 posted on 06/09/2007 1:11:03 AM PDT by EternalVigilance
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To: EternalVigilance
Nazi's? Come on EV, we're just not enlightened. I'll see you at the reeducation camp. Blackbird.
15 posted on 06/09/2007 6:13:50 AM PDT by BlackbirdSST (Just when you think it can't possibly get any worse, another day dawns!)
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To: BlackbirdSST

The whole damned country’s a reeducation camp these days. And they’re doing it with our tax money.


16 posted on 06/09/2007 6:38:18 AM PDT by EternalVigilance
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To: monomaniac
The moral decay from within in this country is mind boggling. And do the majority of the sheople have a clue?...NO.

Here is a question: when is the Democrat-Socialist party going to start calling for profit taxes on Planned Parenthood? /s
17 posted on 06/09/2007 6:59:11 AM PDT by socialismisinsidious ( The socialist income tax system turns US citizens into beggars or quitters!)
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