Tuesday, July 3, 2007

Who makes more money: PP or the Vatican?

If you guessed the Vatican, I'm afraid you're wrong.

The Vatican's budget for last year was announced today, showing a surplus of a little under $3.3 million in 2006. Total revenues for the Vatican came to $306.1 million, just exceeding outlays of $302.9 million.

Setting the Vatican's balance sheet alongside Planned Parenthood's promptly settles any question of which organization generates more cash. The most recent report from the nation's largest abortion provider reveals revenues of $902.8 million from 2005-2006. For the 34th year in a row Planned Parenthood reported "excess revenue" (i.e., profit) -- this last time to the tune of about $56 million.

It is also interesting to note that roughly 1/3 of Planned Parenthood's income comes from you and me. Taxpayer funding totalled $305.3 million last year (up from $272.7 million the year before); which means the United States Government now matches almost dollar-for-dollar to Planned Parenthood what is generated world-wide for the Vatican.

Now get back to work. Uncle Sam has good need of your wages.