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For decades, American taxpayers have unknowingly provided tax breaks that help lower the cost of building new abortion clinics.
The 1976 Hyde Amendment forbids the use of federal funds to pay for abortion. However, a loophole in the tax code allows abortion providers to utilize special tax-exempt bonds to finance construction of abortion clinics. The tax break lowers the cost of the bond, which is ultimately backed by hardworking American taxpayers.
Planned Parenthood, the nation’s largest abortion provider, has repeatedly used this loophole.
Rep. Robert Pittenger, North Carolina Republican, will introduce legislation this week aimed at stopping what he called “abortion bonds.” He said it’s time to make the law agree with the principle that taxpayers shouldn’t be on the hook in any way for the procedure.
“We’re utilizing the federal government to facilitate the development of these abortion clinics through the involvement of the American taxpayer, and they don’t want that,” Mr. Pittenger said.