Kansas is now the eighth state moving to strip taxpayer funds from Planned Parenthood, canceling Medicaid contracts with the scandal-plagued organization. It could be that Governor Brownback knows that abortion is not healthcare. It could be that taxpayers in Kansas prefer to support Federally Qualified Health Centers that outnumber Planned Parenthood abortion centers 223 to 2. Or maybe it’s the many scandals, investigations, and health citations the abortion business has accumulated. What is certain is that Planned Parenthood just doesn’t need the money.
Planned Parenthood’s most recent annual report shows the vast wealth it has taken from taxpayers. The nation’s largest abortion business has made more than $800 million in profit over the last 10 years, taking more than $4 billion in taxpayer subsidies. In fiscal year ending June 30, 2015 alone, Planned Parenthood, a so called non-profit company, had $58.8 million in “excess revenue,” more than Abercrombie & Fitch, LinkedIn, Groupon, Barnes & Noble, Charter Communications, and even Amazon. No business that profited more than Amazon last year needs a penny of support from the government. Planned Parenthood also has more net assets than Cracker Barrel restaurants. Panera Bread, and Sprouts grocery stores.
And what have taxpayers received in return for their massive gift of funding to Planned Parenthood? According to the 2014-15 Annual Report, a 66% reduction in cancer screenings and prevention services and a 61% reduction breast exams over the last ten years and nearly a 15% drop in the numbers of customers. How does a business make more money with fewer customers? It focuses on services that make higher profits. Planned Parenthood commits nearly 330,000 abortions every year, nearly 2.5 times the number in 1995. It also issued more than 900,000 “Emergency Contraception Kits,” another term for abortion inducing drugs.
Planned Parenthood has so much money it can fund a massive political action committee. PPACT has pledged $20 million this year to elect candidates willing to overlook the many issues of a scandal-plagued organization with a long track record of abusive and potentially fraudulent billing practices, caught in authenticated undercover videos showing the trafficking aborted babies’ body parts, and has repeatedly failed to report the sexual abuse of girls. Is it any wonder that President Obama vetoed legislation that would have ended the immoral partnership forced upon American taxpayers?