This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Indiana Cuts Planned Parenthood Funding

Indiana Cuts Planned Parenthood Funding article updated from 1:51 p.m. EDT with additional information on the new law.

NEW YORK ( TheStreet) -- Indiana has become the first U.S. state to cut off public funding for Planned Parenthood.

Republican Gov. Mitch Daniels signed a law earlier this week that prohibits federal money given to the state for family planning services from going to clinics that provide abortions, the largest of which is Planned Parenthood.
Indiana Governor Mitch Daniels signed House Bill 1210 on Tuesday which cuts federal funding to any health services clinic that provide abortions.

The law was quickly challenged by Planned Parenthood on Tuesday when it requested that the law be temporarily blocked on the grounds that the law jeopardizes health care for thousands of women across Indiana.

However, U.S. District Judge Tanya Walton Pratt denied the request on Wednesday afternoon, allowing the cuts to take effect immediately.

The new state law also bans abortions for women more than 20 weeks pregnant, which is four weeks less than previously allowed, unless there is a substantial threat to the woman's life or health. These provisions will take effect on July 1.

Planned Parenthood has continuously argued that it abides by a federal law that is already in place, which prohibits the use of tax dollars to fund abortions. Proponents also argue that abortions generally make up only about 3% of the services the clinic provides.

According to supporters at PlannedParenthoodAction.org, Kansas, Minnesota, North Carolina, Oklahoma, Tennessee and Texas are most likely to follow Indiana's lead in eliminating funding for Planned Parenthood.

Betty Cockrum, president of Planned Parenthood Indiana, said she is "deeply disappointed" by the judge's ruling.

"The court's ruling today means that 9,300 Medicaid patients at our 28 locations have lost services from their preferred provider," Cockrum said.

A hearing is scheduled for June 6 at which point the court will rule on the request for an injunction against the legislation.

-- Written by Theresa McCabe in Boston.

>To contact the writer of this article, click here: Theresa McCabe.

>To follow the writer on Twitter, go to @TheresaMcCabe.

>To submit a news tip, send an email to: tips@thestreet.com.
Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $109.13 -1.10%
FB $87.28 -0.99%
GOOG $599.06 -1.20%
TSLA $239.84 -2.30%
YHOO $31.92 -1.90%

Markets

Chart of I:DJI
DOW 16,069.51 -305.25 -1.86%
S&P 500 1,916.36 -34.77 -1.78%
NASDAQ 4,670.1420 -63.3550 -1.34%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs