Does anyone remember Thom Hartman saying this?

[muriel_volestrangler]

7. Remember there are fundamental differences in funding SS and Medicare

Social Security, with the amount currently assigned to it from payroll taxes, would almost be able to continue indefinitely. A small increase in 'funds in' (eg by raising the threshold above which payroll taxes aren't taken) would fix it completely.

Medicare, on the other hand, will suffer from the far larger medical costs, now and even more in the future, and will go bust, without a major change, twice as fast as SS (12 years from now, rather than 24).

Social Security: "After 2022, trust fund assets will be redeemed in amounts that exceed interest earnings until trust fund reserves are exhausted in 2036"

Medicare: "The projected date of HI Trust Fund exhaustion is 2024, five years earlier than estimated in last year’s report"

Both quotes from http://www.ssa.gov/oact/TRSUM/index.html