Proposed Provision: Reduce the payroll tax rate (currently 12.4 percent) to 11.4 percent in 2014 and later.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2013 | 330 | 330 |
| 2014 | 315 | 315 |
| 2015 | 301 | 295 |
| 2016 | 286 | 273 |
| 2017 | 271 | 252 |
| 2018 | 257 | 232 |
| 2019 | 244 | 213 |
| 2020 | 231 | 194 |
| 2021 | 218 | 175 |
| 2022 | 204 | 155 |
| 2023 | 189 | 135 |
| 2024 | 173 | 114 |
| 2025 | 158 | 93 |
| 2026 | 142 | 71 |
| 2027 | 125 | 49 |
| 2028 | 108 | 26 |
| 2029 | 90 | 2 |
| 2030 | 71 | -23 |
| 2031 | 52 | -49 |
| 2032 | 31 | -75 |
| 2033 | 11 | -102 |
| 2034 | -11 | -130 |
| 2035 | -32 | -159 |
| 2036 | -55 | -188 |
| 2037 | -78 | -218 |
| 2038 | -101 | -248 |
| 2039 | -124 | -279 |
| 2040 | -148 | -311 |
| 2041 | -172 | -343 |
| 2042 | -196 | -375 |
| 2043 | -220 | -408 |
| 2044 | -245 | -440 |
| 2045 | -269 | -473 |
| 2046 | -294 | -506 |
| 2047 | -319 | -540 |
| 2048 | -345 | -574 |
| 2049 | -371 | -609 |
| 2050 | -397 | -643 |
| 2051 | -423 | -678 |
| 2052 | -449 | -714 |
| 2053 | -476 | -749 |
| 2054 | -502 | -785 |
| 2055 | -530 | -820 |
| 2056 | -557 | -857 |
| 2057 | -585 | -894 |
| 2058 | -613 | -931 |
| 2059 | -642 | -969 |
| 2060 | -671 | -1008 |
| 2061 | -701 | -1047 |
| 2062 | -732 | -1087 |
| 2063 | -763 | -1127 |
| 2064 | -794 | -1169 |
| 2065 | -826 | -1210 |
| 2066 | -859 | -1252 |
| 2067 | -892 | -1295 |
| 2068 | -925 | -1338 |
| 2069 | -959 | -1382 |
| 2070 | -993 | -1427 |
| 2071 | -1028 | -1472 |
| 2072 | -1064 | -1519 |
| 2073 | -1101 | -1566 |
| 2074 | -1139 | -1615 |
| 2075 | -1178 | -1665 |
| 2076 | -1217 | -1717 |
| 2077 | -1258 | -1769 |
| 2078 | -1299 | -1822 |
| 2079 | -1340 | -1876 |
| 2080 | -1382 | -1930 |
| 2081 | -1424 | -1984 |
| 2082 | -1466 | -2038 |
| 2083 | -1508 | -2092 |
| 2084 | -1550 | -2146 |
| 2085 | -1592 | -2200 |
| 2086 | -1635 | -2255 |
| 2087 | -1678 | -2310 |
| 2088 | -1722 | -2366 |
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