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rm «st ttt ttt ee 415 Public Debt, Net Worth vs. Peers = st ttt tt ttt 416 Lessons Learned From Historical Debt Crisis - -- +--+ +++ eet etree 422 General Motors -- tt tt 431 Summary «ct ee 437 Appendix -- ss ttt 453 Glossary «tt ee xix Index + # @ #e eee we eee ew Ew ww ew ew ew ew ee ee Xxvii CB www.kpcb
USA Inc.’s total expenses in F2010, up from 5% forty years ago - Together, these two programs represent 35% of all (annual) US healthcare spending; Federal Medicaid spending has doubled in real terms over the last decade, to $273 billion annually. e Total government healthcare spending consumes 8.2% of GDP compa
ents Have Not Repaid $27 Billion Paid Back, $171 Billion Outstanding TARP Repayments General Motors Chrysler Chrysler Financial $- $20 $40 $60 General Motors PPIP* GMAC Chrysler TALF* GM Suppliers Chrysler Suppliers FHA* TARP Outstanding AIG $60 wn 1 $20 $40 Note: * PPIP is Public-Private Inve
eligibility for Medicare to 67 Convert Medicare and Medicaid “Disproportionate Share Hospital Payments” into a block grant Consolidate Medicare and Federal Medicaid payments for graduate medical education costs at teaching hospitals; set consolidated payment equal to: * Adjusted IME? payments using a 2.2% adjust
of GDP) 1998 — Russia ($73B — 27% of GDP) State / Local Financial Woes 1975 — New York City ($14B* Debt Outstanding) Corporate Bankruptcy 2009 — General Motors ($95B Debt Outstanding) Note: 1) Attributed to Mark Twain. *NYC government and subsidiaries had $14B debt outstanding in 1975. Adjusting for inflat
USA Inc.’s total expenses in F2010, up from 5% forty years ago - Together, these two programs represent 35% of all (annual) US healthcare spending; Federal Medicaid spending has doubled in real terms over the last decade, to $273 billion annually. e Total government healthcare spending consumes 8.2% of GDP compa
Entities connected to both General Motors and Federal Medicaid

Barack Obama
PERSON
United States
LOCATION
Ghislaine Maxwell
PERSON
George W. Bush
PERSON
Samantha Power
PERSON
Bloomberg L.P.
ORGANIZATION
Federal Reserve
ORGANIZATION
U.S. Treasury
ORGANIZATION
Venezuela
LOCATION
Hungary
LOCATION
Medicaid
ORGANIZATION
Norway
LOCATION
Freddie Mac
ORGANIZATION
the United States Government
ORGANIZATION
Belgium
LOCATION
Ireland
LOCATION
Carmen Reinhart
PERSON
Finland
LOCATION
Bureau of Labor Statistics
ORGANIZATION
Ecuador
LOCATION