Big business…..

At a hearing on Planned Parenthood funding in the House Oversight and Government Reform Committee on Tuesday, Rep. Mick Mulvaney (R-S.C.) pointed out to Planned Parenthood President Cecile Richards that the organization’s most recent tax report shows $127 million dollars of revenue in excess of expenses.

Mulvaney asked Richards whether taking away just the $60 million in discretionary funding appropriated by Congress of the more than $450 million in federal funding that the Congressional Budget Office estimates Planned Parenthood gets each year.

“One of the proposals here, Ms. Richards, is to defund Planned Parenthood, which includes taking roughly $60 million away from what you get out of discretionary funding,” Mulvaney said to Richards at a hearing of the House Government Oversight and Reform Committee, where she was a witness. “If we took $60 million away from you, you could still perform every single service that you gave last year, can’t you?”

A Sept. 16 Congressional Budget Office report on the cost of H.R. 3134, a bill to put federal funding of Planned Parenthood on hold until investigations into the alleged trafficking of baby organs from aborted babies is complete, shows that the organization receives about $450 million in federal funds annually. Of that, $390 million is provided through Medicaid and less than $1 million through the Children’s Health Insurance Program (CHIP) and Medicare combined. That leaves about $60 million in family planning funding through Title X, which is subject to appropriation by Congress.

The following exchange then ensued between Richards and Mulvaney: