HOUSE_OVERSIGHT_020833.jpg

1.75 MB
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Extraction Summary

0
People
5
Organizations
1
Locations
0
Events
0
Relationships
3
Quotes

Document Information

Type: Presentation slide / financial report page
File Size: 1.75 MB
Summary

This document is a page from a KPCB presentation titled 'USA Inc.,' likely authored by Mary Meeker, analyzing US government spending as if it were a corporation. It focuses specifically on the skyrocketing costs of Medicare and Medicaid, noting they accounted for $724 billion in F2010 expenses. The document includes a chart comparing the sharp rise in government healthcare spending (reaching 8.2% of GDP) versus the relatively flat growth of education spending. It bears a House Oversight Bates stamp, indicating it was part of a document production for a congressional investigation.

Organizations (5)

Name Type Context
KPCB
Kleiner Perkins Caufield & Byers, venture capital firm (logo present)
USA Inc.
Title of the report/presentation analyzing US government as a business
Dept. of Education
Cited as source for chart data
Dept. of Health & Human Services
Cited as source for chart data
House Oversight Committee
Inferred from Bates stamp 'HOUSE_OVERSIGHT_020833'

Locations (1)

Location Context
USA

Key Quotes (3)

"Millions of Americans have come to rely on Medicare and Medicaid – and spending has skyrocketed, to 21% of USA Inc.’s total expenses (or $724B) in F2010"
Source
HOUSE_OVERSIGHT_020833.jpg
Quote #1
"Amid the rancor about government’s role in healthcare spending, one fact is undeniable: government spending on healthcare now consumes 8.2% of GDP, compared with just 1.3% fifty years ago."
Source
HOUSE_OVERSIGHT_020833.jpg
Quote #2
"Total Government* Healthcare Spending Increases are Staggering – Up 7x as % of GDP Over Five Decades vs. Education Spending Only Up 0.6x"
Source
HOUSE_OVERSIGHT_020833.jpg
Quote #3

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