Sat Jul 2, 2022 – 7:30 am EDTSat Jul 2, 2022 – 11:14 am EDT
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(LifeSiteNews) — A recent report released by Republicans on the Joint Economic Committee (JEC) proved that, beyond immorality, abortion has a long-term negative impact on the country’s economy.
The report came about in response to the Secretary of the Treasury Janet Yellen’s continued commentary and declarations that abortion is necessary for a thriving economy.
“The tragic loss of over 600,000 innocent lives in 2019 cost the U.S. about $6.9 trillion,” Republican U.S. Sen. Steve Daines of Montana told LifeSiteNews in a statement. “Aside from the deep moral scars that abortion leaves, killing unborn children undoubtedly shrinks our workforce, weakens our economy and costs the U.S. trillions of dollars.”
In its opening remarks, the new report outlines the opposing claims from Yellen.
“Since the Supreme Court’s 1973 Roe v. Wade decision, some economists have argued that unrestricted abortion provides economic benefits for women and the economy at large,” the report begins.
Most recently, during questioning at a Senate Banking Committee
The remainder of this article is available in its entirety at LifeSite News
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