Next, We Drill Down on Entitlement Programs...
¢ We begin with the programs with the least sound financials (Medicaid and Medicare) and end with the programs with the most sound financials (Unemployment Insurance and Social Security), as of today.
¢ We then move to a drilldown of rising healthcare costs after the Medicaid and Medicare drilldowns.
KP i USA Inc. | Income Statement Drilldown 93
Rising Debt Periodic Large Level & Interest One-Time Payments Charges
Entitlement Spending
Note: *denotes F2010 net income / net loss of respective programs, data per White House OMB. 1) Medicare and Social Security net loss excludes Trust Fund interest income. 2) TARP net loss includes proceeds from sale of warrants. TARP is Troubled Asset Relief Program; ARRA
KP is American Recovery & Reinvestment Act programs. (@E) www.kpcb.com USA Inc. | Income Statement Drilldown 94
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