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Planned Parenthood Increases Revenue, AbortionsBy Penny StarrCNSNews.com Senior Staff WriterApril 04, 2008(CNSNews.com) - Planned Parenthood Federation of America made unprecedented revenues and increased the number of abortions over a one-year period by the largest percentage since 1996, according to its just-released annual report. For the fiscal year July 1, 2006 to June 30, 2007, the organization earned revenues of more than $1 billion and recorded 289,750 abortions - 24,807 more than the previous year."If Planned Parenthood were a publicly traded company, they'd be celebrating," Jim Sedlak, vice president of American Life League, told Cybercast News Service. "The stockholders would be screaming, 'Wow, what a good year we had!'"Planned Parenthood posted its latest annual report on its Web site last week, prompting reaction from several pro-life organizations, including American Life League."While most companies have started to feel the squeeze of our sagging economy, business has never been better for Planned Parenthood," Tony Perkins, president of the conservative Family Research Council, said in response to Planned Parenthood's latest figures. "Planned Parenthood received a $31.4 million pay raise in taxpayer funds - a 10.8 percent increase in the 'non-profit's' government revenue," Perkins added.Repeated requests by Cybercast News Service for an interview with Planned Parenthood Federation of America officials were not granted.According to the report, Planned Parenthood gets 33 percent of its revenue from federal grants and contracts under the Title X family planning program. Last year, the organization received $336.7 million of taxpayers' money.
