HOUSE_OVERSIGHT_020874.jpg

1.27 MB

Extraction Summary

0
People
7
Organizations
3
Locations
3
Events
0
Relationships
2
Quotes

Document Information

Type: Presentation slides / financial analysis (government exhibit)
File Size: 1.27 MB
Summary

The document consists of two slides (pages 65 and 66) from a KPCB presentation titled 'USA Inc. | Income Statement Drilldown,' bearing a House Oversight Bates stamp (020874). The slides analyze US defense spending trends relative to GDP from 1948 to 2010 and detail the $950 billion cumulative cost of the wars in Iraq and Afghanistan as of September 2010. The document appears to be part of a larger financial analysis or report likely gathered as evidence or background material in a congressional investigation.

Timeline (3 events)

2001-09-11
9/11/01 Attacks
USA
2001-2010
War in Afghanistan
Afghanistan
2003-2010
War in Iraq
Iraq

Locations (3)

Location Context
USA

Key Quotes (2)

"...While Defense Spending Rose to 5% of GDP in F2010 & Is Up from All-Time Historical Low of 3% in F1999 But It Is Still Well Below Post-World War II (1948-2000) Average of 7%"
Source
HOUSE_OVERSIGHT_020874.jpg
Quote #1
"$950 Billion = Cumulative Cost of Iraq, Afghanistan & Global War on Terror Operations Since 9/11/01 Attacks"
Source
HOUSE_OVERSIGHT_020874.jpg
Quote #2

Full Extracted Text

Complete text extracted from the document (1,242 characters)

...While Defense Spending Rose to 5% of GDP in F2010 & Is Up from All-Time Historical Low of 3% in F1999 But It Is Still Well Below Post-World War II (1948-2000) Average of 7%
USA Inc. Defense Spending as % of GDP, F1948 - F2010
[Y-Axis]: 20%, 15%, 10%, 5%, 0% U.S. Defense Spending as % of GDP
[X-Axis]: 1948, 1953, 1958, 1963, 1968, 1973, 1978, 1983, 1988, 1993, 1998, 2003, 2008
[Chart Annotations]: 1948-2000 Average = 7%
5%
KPCB
www.kpcb.com
Source: White House OMB.
USA Inc. | Income Statement Drilldown 65
$950 Billion = Cumulative Cost of Iraq, Afghanistan & Global War on Terror Operations Since 9/11/01 Attacks
Cumulative Cost of Iraq, Afghanistan & Global War on Terror Operations of $950 Billion, as Percent of F2001-F2009 Spending:
4% of Total F2001-F2009 Federal Spending
22% of Total F2001-F2009 Defense Spending
28% of Total F2001-F2009 Federal Budget Deficit
Cumulative Cost of:
$685 Billion = War in Iraq
$231 Billion = War in Afghanistan
$34 Billion = Other Related Operations
KPCB
www.kpcb.com
Source: White House OMB, Congressional Research Service, "The Cost of Iraq, Afghanistan, and Other Global War on Terror Operations Since 9/11," 9/2/2010.
USA Inc. | Income Statement Drilldown 66
HOUSE_OVERSIGHT_020874

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