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bs www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 345
document IMAGES-006-HOUSE_OVERSIGHT_021014.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Focus on Expenses Fae bs www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 345 Consider Reducing Federal Headcount Federal government headcount (ex. military) grew by 56,000 (or 2%) in 2008 and another 107,000 (or 3%) in 2009, while private sector unemployment r...

Drive Growth: Infrastructure
document IMAGES-006-HOUSE_OVERSIGHT_021028.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…wth: Infrastructure Better Infrastructure Reduces Transportation Costs For Input and Output Materials KP www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 373 Public Investment in Infrastructure Has Helped Drive GDP Growth USA Real GDP and Public Investment in...

(@)E) www.kpcb.com
document IMAGES-006-HOUSE_OVERSIGHT_020915.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…Why Has Debt Risen So Much? Public Debt Up 2x Over Past 3 Decades Source: White House Office of Management and Budget. USA Inc. | Income Statement Drilldown 147 Answer Part 1: % Change From 1965 KP 1200% 1000% 800% 600% 400% 200% 0% Debt Level: Why It Has Risen Expens...

There Is Potential for ‘Unintended’ Consequences
document IMAGES-006-HOUSE_OVERSIGHT_020900.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…olidation of payers as well as providers. Source: Doug Simpson, Morgan Stanley Healthcare Research. (@)E) www.kpcb.com USA Inc. | Income Statement Drilldown 117 Historical Anecdote — “An Accurate Economic Forecast Might Have Sunk Medicare & Medicaid [in 1965]” * In 1965, the...

(-$273B Net Loss*)
document IMAGES-006-HOUSE_OVERSIGHT_020914.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ts. TARP is Troubled Asset Relief Program; ARRA (@)E) www.kpcb.com is American Recovery & Reinvestment Act programs. USA Inc. | Income Statement Drilldown 145 Debt Level: Highest (as % of GDP) Since World War II and Rising Rapidly USA Federal Debt Held by the Public’ as % o...

Federal Headcount Has Risen Over Past Five Years and
document IMAGES-006-HOUSE_OVERSIGHT_021015.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… T T T 1 0.0% 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 KP Data source: BEA (1988-2009). i USA Inc. | What Might a Turnaround Expert Consider? 347 Reduce Headcount: Mathematical Illustration on Reducing Federal Headcount — Could Save Up to $275 Bill...

While Defense Spending Rose to 5% of GDP in F2010 &
document IMAGES-006-HOUSE_OVERSIGHT_020874.txt Sep 2, 2010 House Oversight Committee — Epstein Estate Records (Nov 2025)

… 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 SEO GDog = mm ee on rs me ca 2 mets = mS = on a = eH Ht SH oh tty = ou nS a a O 15% fn ° ss 2) o>] 2...

Restructure Medicare & Medicaid
document IMAGES-006-HOUSE_OVERSIGHT_020976.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…e professionals identify opportunities for more efficient communication, data sharing and cost saving. KP www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 269 Restructure Medicare & Medicaid: Mathematical Challenge Related to Government Healthcare Programs Faci...

Restructure Medicare & Medicaid: Economic Factors—
document IMAGES-006-HOUSE_OVERSIGHT_020988.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Restructure Medicare & Medicaid: Economic Factors— Rise in Usage of “Open Access” Healthcare Plans Makes It Harder to Control Patient Choices...Subsequently, Cost of Care Increases Societal demand for less restrictive health insurance has driven a gradual switch to open access...

Restructure Medicare & Medicaid: Variables in Restructuring Medicare &
document IMAGES-006-HOUSE_OVERSIGHT_020977.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Restructure Medicare & Medicaid: Variables in Restructuring Medicare & Medicaid to Reduce Material Impact on USA Inc.’s Expenses Mathematical Illustrations* Slide 273-274 1) Medicare benefits — reduce them by 53% (or cap them)? or 2) Medicare tax rate — increase it by 4 percen...

CIO WM Global Investment Office
document TEXT-001-HOUSE_OVERSIGHT_025247.txt Oct 25, 2012 House Oversight Committee — Epstein Estate Records (Nov 2025)

…• Australia • Developed market government bonds Commodities 5% Real Estate 5% Hedge Funds / Private Equity 10% Equities USA 10% Liquidity 10% High Grade Bonds 7% Inv Grade Corporates Bonds 9% High Yield Bonds 6% Emerging Markets Bonds 3% Equities Equities Other Europe 23% EmMa Eq...

Restructure Social Security: Especially High Unemployment Levels Also
document IMAGES-006-HOUSE_OVERSIGHT_020975.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Restructure Social Security: Especially High Unemployment Levels Also Create Challenge to Reducing Benefits USA Unemployment Rate, 1928 — 2010 YTD 25% 20% x x & 15% H 2 1948-2010 Average = Unemployment Rate s 5.7% = 10% | < 2 5% FCA — Pe a i 0% 1928 1933 1938 1943 1948 1953 19...