💰 Financial Record
paymentTransaction Details
Amount
USD
$187,000,000,000.0
Payer (From)
Various Sources
Linked to Various Sources
Payee (To)
Healthcare Providers
Linked to healthcare provider
Transaction Date
January 01, 1960
Description
Total Healthcare Spending (Adjusted for inflation, 2005 dollars)
Additional Details
Date string:
1960
Amount string:
187000000000
Source document:
HOUSE_OVERSIGHT_020894.jpg
📄 Source Document
HOUSE_OVERSIGHT_020894.jpg
ESTATE Collection
Document Summary
The document consists of two presentation slides, likely from a KPCB 'USA Inc.' report, analyzing US government spending trends. Slide 105 compares government healthcare spending (rising from 1.2% to 8.2% of GDP) against education spending between 1960 and 2009. Slide 106 details the shift in healthcare funding sources, highlighting the growth of Medicare and Medicaid from 0% in 1960 to 35% of total spending in 2008, alongside a massive increase in total healthcare spending from $187B to $2.5T. The document bears a 'HOUSE_OVERSIGHT' Bates stamp.
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