Epstein Secrets

e Interest Rates Pe ee 161 Debt Composition Pe ee er 168 Periodic Large One-Time Charges +++ +s ttt ttt ttt tt ts 177 TARP = ft tt 188 Fannie Mae/ Freddie Mac =: * : tt tt tt tt ee ee 193 ARRA 2 ot ttt 200 Balance Sheet Drilldown += - st tt ttt 209 CB www.kpcb.com USA Inc. Vv HOUSE_OVERSIGHT_020828 What

siness' for Out-Sourcing ----- +--+ rrr 349 Focus on Revenues «+++ ttt ee 355 Drive Sustainable Economic Growth -- +--+ tr rt ttt ee 356 Invest in Technology / Infrastructure / Education --- +s sss: 366 Increase /Improve Employment ---- +s sett t ttre 383 Improve Competitiveness -- +s ttt ttt ttt es 389 Consider Changing Tax Polici

One-Time Charges to USA Inc. ($B) F2008 F2009 F2010 YTD* 4 Years Government-Sponsored Enterprises (GSEs) $14 $97 $41 _ $152 Fannie Mae -- 60 23 -- 83 Freddie Mac $14 37 18 — 69 Troubled Asset Relief Program (TARP)* - $261 -$26 -$23 $213 Banks -- 134 -85 -28 21 Automakers -- 78 -6 -14 58 AIG -- 49 -- 20 69 Indi

pert Consider? 354 HOUSE_OVERSIGHT_021018 Focus on Revenues — Drive Sustainable Economic Growth + Change Tax Policies Focus on Revenues Invest in Technology / Infrastructure / Education Drive Sustainable Economic Increase / Improve Employment SL Improve Competitiveness Consider Review Tax Rates Changing MEE Reduce Subsidies / Tax E

s including the Social Security Trust Fund and federal employee / veterans’ pension fund) + net liability of GSEs (related to likes of Fannie Mae and Freddie Mac). - Represents a claim on both current and future resources. e We Focus on Public Debt Levels - Public debt is the base for calculating net interes

Avwww.nber.org/chapters/c1 0627, Federal Reserve. www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 365 Focus on Revenues Invest in Technology / Infrastructure / Education Drive Sustainable Economic Increase / Improve Employment Growth = Improve Competitiveness Consider Review Tax Rates Sule EE Reduce Subsidies / Tax