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Restructure Medicare & Medicaid: In Addition to Life Expectancy, USA Falls
document IMAGES-006-HOUSE_OVERSIGHT_021000.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Restructure Medicare & Medicaid: In Addition to Life Expectancy, USA Falls Behind OECD Averages in Many Other Health Indicators OECD USA Ranking 2007 Health Indicators USA Median (1 = Best, 30 = Worst) RED = Below Average Obesity (% of total population) 34 15 30 Infant Mortali...

Important Caveats on F2010 Medicare Liability Improvement
document IMAGES-006-HOUSE_OVERSIGHT_020949.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… of Trustees of the Federal r Hospital insurance and Federal Supplementary Medical insurance Trust Funds. www.kpcb.com USA Inc. | Balance Sheet Drilldown 215 Balance Sheet: Even Excluding Unfunded Entitlement Benefits, USA Inc.’s Net Worth = -$13 Trillion in F2010, Owing to $9...

The Challenge Before Us
document IMAGES-006-HOUSE_OVERSIGHT_021065.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…have responded to major challenges with collective sacrifice and hard work. Will ours also rise to the occasion? KP i USA Inc. | Summary 447 Current Observations About America... ¢ On many fronts, USA Inc. is in great shape, but it has one big problem — USA Inc. spends too mu...

Financial Experts Tend to ‘Assume What Can Go Wrong
document IMAGES-006-HOUSE_OVERSIGHT_020964.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…, Will Go Wrong, and Usually Manage Expenses in that Way e In projecting scenarios, financial experts would note that USA Inc.’s revenue and expenses are highly correlated to economic changes — for example, a 0.1 percentage point slowdown in real GDP annual growth rate could wo...

Comparing GM & USA, Inc
document IMAGES-006-HOUSE_OVERSIGHT_021058.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Comparing GM & USA, Inc... General USA 2010 Motors 2008 Gross Debt as % of GDP 93% 82% Gross Debt as % of Revenue’ Federal Spending as % of GDP 24 114 Total Cost as % of Revenue Federal Budget Surplus as % of GDP -9 -21 Net Income as % of Revenue Interest Payments as % of GDP 1...

Imagine for a moment that the United States government is a public corporation. Imagine
document IMAGES-006-HOUSE_OVERSIGHT_020830.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ts management structure, fiscal performance, and budget are all up for review. Now imagine that you’re a shareholder in USA Inc. How do you feel about your investment? Because 45% of us own shares in publicly traded companies, nearly half the country expects quarterly updates on...

For employment gains, USA Inc. should minimize tax and regulatory uncertainties and
document IMAGES-006-HOUSE_OVERSIGHT_020840.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

For employment gains, USA Inc. should minimize tax and regulatory uncertainties and encourage businesses to add workers. While hiring and R&D-related tax credits may add to near-term deficits, over time, they should drive job and GDP growth. Immigration reform could also help: A...

Why We Wrote This Report
document IMAGES-006-HOUSE_OVERSIGHT_020846.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…st data about the world’s biggest “business.” In addition, we have attempted to provide some historical context for how USA Inc.’s financial model has evolved over decades. The complexity of USA Inc.’s challenges is well Known, and our presentation is just a starting point; it’s...

Real Estate Bubble: Root Causes—Government Home Ownership Push +
document IMAGES-006-HOUSE_OVERSIGHT_020933.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…Push + Declining Interest & Savings Rates + Aggressive Borrowing and Lending Led to 10+ Years of Rising Home Ownership USA Home Ownership Rates vs. Interest Rates vs. Personal Savings Rates, 1965 - 2010 0, _ i 0, 70% June 2004: US home ownership = 73MM 20% 68% ~ + 16% = fa ro)...

Compared to 10 Years Ago, USA is Losing Competitiveness
document IMAGES-006-HOUSE_OVERSIGHT_021037.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Compared to 10 Years Ago, USA is Losing Competitiveness at the Margin vs. lts Peers e McKinsey conducted a study in 2010 that compares the USA with other countries on 20 attributes related to economic fundamentals, business climate, human capital and infrastructure. McKinsey co...

They say that you can read a person’s feelings on his face. But if so, either
document TEXT-001-HOUSE_OVERSIGHT_027849.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ival claims on security, final borders, Israeli settlements, Palestinian refugees, and the future of ancient city of Jerusalem. None of these could be resolved without painful, and politically perilous, compromises. Entering the summit, despite the pressures ahead, I was confiden...

Why Will Debt Level
document IMAGES-006-HOUSE_OVERSIGHT_020918.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…icy changes KP that are widely expected to occur and that policymakers have regularly made in the past). www.kpcb.com USA Inc. | Income Statement Drilldown 153 Net Federal Debt As % of GDP Debt Level: Projected to Rise 3x Over Next 2 Decades, per USA Inc.’s Own Estimates US...

ONE DOLLAR -- '�-=-----o..� vv.virginislandsdailynevvs.com
document TEXT-001-HOUSE_OVERSIGHT_021718.txt Jul 29, 2013 House Oversight Committee — Epstein Estate Records (Nov 2025)

…its first boat on May 9, ' " The Louis Vuitton Cup finals begin Aug, 17, with the winner advancing to face' Oracle Team USA in the 34th America's Cup starting Sept. 7. . � , • File Photo by ASSOCIATED PRESS Emirates Team New Zealand: Team New �d ha,i'a slight lOad at thi &1art Su...

But USA Inc.’s Investment in Infrastructure Has Been
document IMAGES-006-HOUSE_OVERSIGHT_021029.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

But USA Inc.’s Investment in Infrastructure Has Been Steadily Declining for Five Decades... USA Inc. (Federal) Investment in Infrastructure as % of GDP, 1950 -2008 1.5% =~ += 22 eee eee en eee a a © Ge ° = n © 2 Bo 10% --f-- 4-22 eee en ne ne ee ne ne ee o = s 2) £ E £ = ow EB...

100-Year Review of USA Inc.’s Basic Income Statement
document IMAGES-006-HOUSE_OVERSIGHT_020871.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

100-Year Review of USA Inc.’s Basic Income Statement Including Revenue & Expense Drivers as Percent of GDP 1910 "*" 1920 """ 1930 """ 1940 "*"" 1950 ""* 1960 """ 1970 "*" 1980 """ 1990 """ 2000 ""*| 2008 2009 2010 Revenue ($B) h $7 $4 $7 $41 $92 $193 $517 $1,032 $2,025 [$2,524 $...