Abortion Industry / Planned Parenthood

PP Will Use Political Power for Pro-Abortion Candidates (6/06)

Cecile Richards [president, Planned Parenthood] told a liberal political conference ["Take Back America"] that her organization plans to use its political muscle and full financial coffers to elect pro-abortion candidates.

The comments come after new reports indicate the abortion business is flush with money thanks in part to state and federal taxpayer funds. "We're going to channel our strength, our outreach, our power, and work with our pro-choice allies to help progressive voices win across America."

Planned Parenthood has considerable resources to make that happen: PP's latest annual report, as of June 2005, showed net assets of $784.1 million, of which $302.1 million is unrestricted. PPFA has another $107.6 million that is temporarily restricted.

Despite sitting on a huge nest egg of hundreds of millions, the abortion business is still working overtime to get state and federal tax dollars. Nearly one-third of its income ($272.7 million) comes from American taxpayers. Richards: "We have the potential to swing the vote in 2006, 2008 and 2010, and that's a lot of power…The question is: What are we going to do with it? And the answer is: We're going to use it." [Cybercast News Service; 15June06 LifeNews.com]