Proposed Provision: Raise payroll tax rates (for employees and employers combined) by 1.9 percentage points in 2023-52 (to 14.3% combined) and by an additional 1.9 percentage points in 2053 (to 16.2% combined).
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2010 | 355 | 355 |
| 2011 | 353 | 353 |
| 2012 | 350 | 350 |
| 2013 | 346 | 346 |
| 2014 | 341 | 341 |
| 2015 | 335 | 335 |
| 2016 | 330 | 330 |
| 2017 | 324 | 324 |
| 2018 | 317 | 317 |
| 2019 | 309 | 309 |
| 2020 | 299 | 299 |
| 2021 | 289 | 289 |
| 2022 | 277 | 277 |
| 2023 | 264 | 265 |
| 2024 | 251 | 262 |
| 2025 | 237 | 259 |
| 2026 | 221 | 255 |
| 2027 | 205 | 250 |
| 2028 | 189 | 245 |
| 2029 | 171 | 239 |
| 2030 | 154 | 232 |
| 2031 | 136 | 225 |
| 2032 | 117 | 218 |
| 2033 | 98 | 211 |
| 2034 | 79 | 203 |
| 2035 | 59 | 195 |
| 2036 | 39 | 188 |
| 2037 | 19 | 180 |
| 2038 | -1 | 172 |
| 2039 | -21 | 165 |
| 2040 | -42 | 158 |
| 2041 | -63 | 151 |
| 2042 | -84 | 144 |
| 2043 | -105 | 137 |
| 2044 | -126 | 130 |
| 2045 | -147 | 124 |
| 2046 | -168 | 117 |
| 2047 | -189 | 111 |
| 2048 | -211 | 104 |
| 2049 | -233 | 98 |
| 2050 | -255 | 92 |
| 2051 | -277 | 85 |
| 2052 | -299 | 79 |
| 2053 | -321 | 72 |
| 2054 | -344 | 76 |
| 2055 | -366 | 80 |
| 2056 | -389 | 84 |
| 2057 | -412 | 88 |
| 2058 | -436 | 92 |
| 2059 | -460 | 96 |
| 2060 | -485 | 100 |
| 2061 | -509 | 104 |
| 2062 | -534 | 107 |
| 2063 | -560 | 111 |
| 2064 | -586 | 114 |
| 2065 | -612 | 118 |
| 2066 | -638 | 121 |
| 2067 | -665 | 124 |
| 2068 | -692 | 127 |
| 2069 | -720 | 129 |
| 2070 | -748 | 132 |
| 2071 | -776 | 134 |
| 2072 | -805 | 137 |
| 2073 | -834 | 138 |
| 2074 | -864 | 140 |
| 2075 | -894 | 142 |
| 2076 | -925 | 143 |
| 2077 | -957 | 144 |
| 2078 | -989 | 145 |
| 2079 | -1021 | 146 |
| 2080 | -1054 | 146 |
| 2081 | -1087 | 147 |
| 2082 | -1121 | 147 |
| 2083 | -1156 | 147 |
| 2084 | -1191 | 146 |
| 2085 | -1227 | 146 |
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