ntly. Source: 1996-2006 data per CBO, “The Effects of KP Automatic Stabilizers on the Federal Budget,” 5/10, 2007-2010 data per White House OMB F2012 Budget Analytical Perspective. (@)E) www.kpcb.com USA Inc. | High Level Thoughts 35 Annual Federal Government Surplus / Deficit ($ Billion) Understanding Differences Between Ec