Event Details

This document consists of two slides (pages 83 and 84) from a KPCB presentation titled 'USA Inc. | Income Statement Drilldown.' The slides analyze US government entitlement spending, treating the nation as a corporation ('USA Inc.'). It highlights the difference between 'unfunded liabilities' and debt, noting that while laws can change, liabilities have historically increased. The second slide presents a chart showing the annual real net income of Social Security, Medicare, and Medicaid from 1940 to 2009, emphasizing a $5.6 trillion underfunding in healthcare entitlements. The Bates stamp 'HOUSE_OVERSIGHT_020883' indicates this document was part of evidence reviewed by the House Oversight Committee, likely in relation to investigations involving financial institutions connected to Jeffrey Epstein.