Planned Parenthood had an annual revenue of more than $1 billion last year (note that this is revenue, not profit), raised various ways, including through payments by more affluent patients (PP charges on a sliding scale), private insurance, sales of candles, jewelry, and condoms, and federal funding. The organization is expanding, and moving into more upscale suburban areas, rather than staying in low-income areas. Last year, Planned Parenthood received more than $335 million from the government, but the money is spent on family planning and reproductive care for low-income women, not abortions. Conservative activists and politicians such as Rep. Mike Pence of Indiana believe the non-profit can do without the tax dollars since it’s so good at raising money on its own. Thoughts? [WSJ and WSJ.com] Keep reading »
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