HOUSE_OVERSIGHT_021082.jpg

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Extraction Summary

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Organizations
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Quotes

Document Information

Type: Report excerpt / glossary definition
File Size: 568 KB
Summary

This document appears to be a page from a report titled 'USA Inc.' produced by KPCB (Kleiner Perkins). It defines 'Trust Funds' within the context of the federal accounting structure, citing Social Security, Medicare, and the Airport and Airway Trust Fund as examples. The document bears a Bates stamp 'HOUSE_OVERSIGHT_021082', indicating it was part of a document production to the House Oversight Committee.

Organizations (6)

Name Type Context
KPCB
Logo present in footer (Kleiner Perkins Caufield & Byers)
Social Security
Mentioned as a major benefit program financed by trust funds
Medicare
Mentioned as a major benefit program financed by trust funds
Highway Trust Fund
Mentioned as an example of infrastructure spending fund
Airport and Airway Trust Fund
Mentioned as an example of infrastructure spending fund
House Oversight Committee
Implied by Bates stamp 'HOUSE_OVERSIGHT_021082'

Key Quotes (2)

"Trust Funds - In the federal accounting structure, accounts designated by law as trust funds (regardless of any other meaning of that term)."
Source
HOUSE_OVERSIGHT_021082.jpg
Quote #1
"The federal government has more than 200 trust funds."
Source
HOUSE_OVERSIGHT_021082.jpg
Quote #2

Full Extracted Text

Complete text extracted from the document (670 characters)

Trust Funds - In the federal accounting
structure, accounts designated by law as
trust funds (regardless of any other meaning
of that term). Trust funds record the
revenues, offsetting receipts, or offsetting
collections earmarked for the purpose of the
fund, as well as budget authority and outlays
of the fund that are financed by those
revenues or receipts. The federal
government has more than 200 trust funds.
The largest and best known finance major
benefit programs (including Social Security
and Medicare) and infrastructure spending
(such as the Highway Trust Fund and the
Airport and Airway Trust Fund).
KP
CB www.kpcb.com
USA Inc. XXV
HOUSE_OVERSIGHT_021082

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