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Thursday, September 18, 2008

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Jeff Poor, Business & Media Institute: Minnesota Republican Michele Bachman says the nation’s largest abortion provider, with revenues of $1 billion, needs no help from the taxpayers. It's time to stop government funding and tax breaks for "Big Abortion." That's the message from U.S. Rep. Michele Bachmann, R.-Minn. . . . Bachman detailed how Planned Parenthood – a controversial non-profit “family planning” organization that reportedly performed 289,750 abortions in 2006 – has expanded significantly. She cited a June 23 Wall Street Journal article by Stephanie Simon that revealed 501(c)3 organization had a record $1 billion in annual revenue in a recent financial report. . . .

Bachman noted the absurdity of an organization bringing in record revenues and boasting a budget surplus of $115 million needing any help from the government in the form of tax breaks and government grants. . . . They are a 501(c)3 tax-exempt organization, which means they pay no taxes . . . and they receive over $300 million per year in grants from the federal government. . . . (Read More) See also: Pro-life organizations launch nationwide campaign against Planned Parenthood

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