Event Details
January 01, 2025
Description
Projected crossover point where entitlement spending + interest payments exceed total revenue
Participants (1)
| Name | Type | Mentions | |
|---|---|---|---|
| USA | organization | 966 | View Entity |
Source Documents (1)
HOUSE_OVERSIGHT_020928.jpg
This document contains two slides from a KPCB presentation titled 'USA Inc. | Income Statement Drilldown' (slides 173 and 174). The presentation analyzes US federal fiscal health, specifically projecting that entitlement spending and interest payments will exceed total revenue by the year 2025, based on June 2010 CBO data. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was part of a document production for a congressional investigation.
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