The Hidden Cost of the Texas Abortion Ban
Money Rehab with Nicole Lapin
Money News Network
4.6 • 1.7K Ratings
🗓️ 1 October 2021
⏱️ 16 minutes
🧾️ Download transcript
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| 0:00.0 | Before we get started, I want to give you a heads up that today's episode is all about |
| 0:04.0 | Texas' abortion legislation. And in order to talk about what's at stake with these new regulations, |
| 0:09.9 | today's episode mentions topics of rape, miscarriage, and stillbirth, which may be difficult for some |
| 0:15.2 | listeners. So please take care while listening. |
| 0:41.4 | You recognize her from Anchoring on CNN, CNBC, and Bloomberg. The only financial expert you |
| 0:47.5 | don't need a dictionary to understand. The cold lap in. So this is an uncomfortable topic for me to |
| 0:54.4 | cover, but I wanted to put out an episode because I rarely see it linked to financial issues. |
| 1:00.5 | And I am very strong in my belief that taking away a woman's right to choose is taking away her |
| 1:06.8 | financial future and freedom. This month, the Supreme Court upheld legislation in Texas that |
| 1:13.2 | imposed further restrictions on access to abortion. In the media, this is being called an abortion |
| 1:18.5 | ban because it practically makes it impossible for women to have abortions in the state. If you've |
| 1:24.4 | skimmed the headlines, you've seen that the new legislation now bans abortion for women who are |
| 1:29.1 | six weeks pregnant, which is earlier than most women even know their pregnant. As you heard in |
| 1:35.2 | episode 26, I had a miscarriage earlier this year, and it was only then actually that I discovered |
| 1:41.1 | how pregnancy weeks work. Two weeks are basically added on. It's counted from your last menstrual |
| 1:47.1 | cycle, which is technically before conception. So this six weeks business is really four weeks |
| 1:54.2 | from conception, and it's really hard for any woman to know she's pregnant then. Even if you're |
| 2:00.0 | the exception and you find out that you're pregnant at five or even four weeks, then you only have |
| 2:05.6 | a short window to jump through all the hoops required to get an abortion in Texas before you hit |
| 2:11.5 | the six week, which is technically four weeks post conception, Mark. But what you might not have |
| 2:16.7 | seen in the headlines is that this new legislation creates a vigilante system of mobilizing citizens |
| 2:22.8 | in Texas to punish people who are involved in an abortion. This law gives Texans a financial |
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