Net nonfederal saving
( Net ( nonfederal saving ) )
(ROOT (FRAG (NP (JJ Net) (JJ nonfederal) (NN saving))))
The net saving does not include federal saving
( ( The ( net saving ) ) ( ( does not ) ( include ( federal saving ) ) ) )
(ROOT (S (NP (DT The) (JJ net) (NN saving)) (VP (VBZ does) (RB not) (VP (VB include) (NP (JJ federal) (NN saving))))))