HOUSE_OVERSIGHT_020912.jpg
1.55 MB
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Document Information
Type:
Presentation slides / financial report
File Size:
1.55 MB
Summary
This document consists of two slides from a KPCB presentation titled 'USA Inc. | Income Statement Drilldown' (pages 141-142). It analyzes the financial health of the US government (framed as 'USA Inc.') using 2010 data, highlighting significant net losses in entitlement programs like Medicaid and Medicare, rising debt levels ($9T), and one-time charges related to TARP and ARRA. The document bears a footer label 'HOUSE_OVERSIGHT_020912', suggesting it was part of a document production for the House Oversight Committee.
Organizations (5)
Locations (1)
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Key Quotes (2)
"Social Security will no longer be self-funded within 5-10 years, and the underfunding of Medicaid and Medicare will simply go from bad to worse."Source
HOUSE_OVERSIGHT_020912.jpg
Quote #1
"Two significant entitlement programs (Medicaid and Medicare) were created without effective funding plans / programs."Source
HOUSE_OVERSIGHT_020912.jpg
Quote #2
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