Study pushes back Medicare fund's end, sticks to Social Security's

Posted: July 29, 2014 at 3:40 a.m.

Health and Human Services Secretary Sylvia Burwell, center, flanked by Treasury Secretary and Managing Trustee Jacob J. Lew, left, and Labor Secretary Thomas E. Perez, speaks at a news conference at the Treasury Department in Washington, Monday, July 28, 2014, to discuss the release of the annual Trustees Reports. (AP Photo/Susan Walsh)

WASHINGTON -- The Medicare trust fund for hospital costs will be exhausted in 2030, and the old-age trust fund for Social Security will be depleted in 2033 if Congress makes no change to the existing law, President Barack Obama's administration said Monday.

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