Joseph Pitts actually said...

And, generally speaking, our biggest problems are with the dual eligibles between the age of 20 and 40.

There would be insufficient funds to pay for all Part A reimbursements to providers.

As long as the Medicare trust fund has a balance, the Treasury Department is authorized to make payments on behalf of seniors.

There are no provisions in the Social Security Act that govern what would happen if insolvency were to occur.