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WASHINGTON, DC, September 17, 2015 (LifeSiteNews) — Defunding Planned Parenthood won’t just save U.S. taxpayers millions of dollars, it could save thousands of lives, suggests a new report from the Congressional Budget Office (CBO).

A proposed bill to freeze the abortion giant’s federal funding for the next year while investigations into its baby part trafficking business play out would mean a net savings of $235 million over a decade and also save $390 million in Medicaid spending over the next year, the CBO report said.

Republican Congresswoman Diane Black of Tennessee introduced the Defund Planned Parenthood Act of 2015 (H.R. 3134) on July 21. It would immediately deny Planned Parenthood all of its federal money until Congress completes its investigation of the abortion giant’s practices.

The largest abortion chain in the United States commits roughly 330,000 abortions per year, totaling more than 7 million abortions since 1970.  

The non-partisan CBO estimated in the September 16 report that Planned Parenthood gets around $450 million in taxpayer dollars annually, roughly a third of its $1.3 billion annual budget, including $390 million in Medicaid reimbursements. Planned Parenthood brings in $60 million through the National Family Planning Program (Title X).

“To the extent that there would be reductions in access to care under H.R. 3134, they would affect services that help women avert pregnancies,” the CBO report stated.

The report also anticipated the government would experience some costs for Medicaid recipients currently getting birth control from Planned Parenthood who under the bill would not receive it.

The CBO said its findings on the potential effects of H.R. 3134 on federal spending were “highly uncertain,” depending on whether the clients for which Planned Parenthood gets Medicaid reimbursement continue getting Planned Parenthood “services” without the Medicaid reimbursement, get those services from other outlets that receive Medicaid, or simply no longer seek such services.

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Its estimates in the report represent the center range of possible outcomes.

Planned Parenthood proponents contend that removing the abortion giant’s funding would result in women going without healthcare.

The CBO report said with enactment of H.R. 3134 those most likely to “experience reduced access to care” would live in areas without clinics or practitioners that serve low-income clients.

“However, the extent to which Medicaid beneficiaries served by Planned Parenthood live in such areas is uncertain,” it said, and estimates that just 15 percent of Planned Parenthood’s estimated 2.6 million clients would face reduced “access to care.”

A report released last month from the Alliance Defending Freedom and Susan B. Anthony List's Charlotte Lozier Institute identified tens of thousands of existing health care clinics, exactly 20 comprehensive health care clinics for every Planned Parenthood in the U.S., that can fill whatever healthcare need that would arise should the nation's largest abortion provider suddenly stop providing its services.

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