I laugh every time I hear someone say this. Even though there is a prohibition against funding abortions with federal money, it is meaningless. You cannot distinguish one dollar from another. In the finance and accounting worlds it's called the fungible property of capital.TwinTownBisonFan wrote:she's not wrong - maybe rhetorically overwrought, but her point is rooted in accuracy.
2. The GOP is whipped up about Title X because 25% of the $300 million ($75 million) goes to Planned Parenthood - and even though federal law REPEATEDLY bans funding for abortions... conks are CONVINCED that somehow it magically does... (oddly, only 3% of PP's budget goes to abortion services in the first place)
When Planned Parenthood receives a dollar from a charitable contribution by a private citizen, it goes on PP's balance sheet as a cash asset. When PP receives a dollar from the federal government, it goes on PP's balance sheet as a cash asset. You cannot distinguish between the two dollars. If 3% of PP's cash assets are allocated for abortions, then 3% of the dollar received from the federal government is allocated for abortion.
You don't have to be a CPA to understand this concept. It's just common sense.












