Proposed Provision: E3.18. Increase the taxable maximum linearly over 4 years to $212,700 for 2022. After 2022, index the taxable maximum to AWI plus 0.5 percentage point. Apply benefit credit on additional earnings taxed.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2017 | 298 | 298 |
| 2018 | 287 | 287 |
| 2019 | 273 | 273 |
| 2020 | 259 | 260 |
| 2021 | 245 | 249 |
| 2022 | 230 | 237 |
| 2023 | 215 | 225 |
| 2024 | 199 | 213 |
| 2025 | 182 | 200 |
| 2026 | 165 | 186 |
| 2027 | 148 | 171 |
| 2028 | 130 | 157 |
| 2029 | 112 | 142 |
| 2030 | 94 | 127 |
| 2031 | 75 | 112 |
| 2032 | 56 | 97 |
| 2033 | 37 | 81 |
| 2034 | 16 | 64 |
| 2035 | -4 | 47 |
| 2036 | -26 | 30 |
| 2037 | -47 | 12 |
| 2038 | -70 | -6 |
| 2039 | -92 | -24 |
| 2040 | -115 | -43 |
| 2041 | -138 | -61 |
| 2042 | -161 | -79 |
| 2043 | -184 | -98 |
| 2044 | -207 | -116 |
| 2045 | -230 | -134 |
| 2046 | -253 | -152 |
| 2047 | -276 | -170 |
| 2048 | -300 | -189 |
| 2049 | -323 | -207 |
| 2050 | -346 | -225 |
| 2051 | -370 | -243 |
| 2052 | -393 | -261 |
| 2053 | -417 | -279 |
| 2054 | -440 | -298 |
| 2055 | -464 | -316 |
| 2056 | -487 | -335 |
| 2057 | -511 | -353 |
| 2058 | -536 | -372 |
| 2059 | -560 | -392 |
| 2060 | -585 | -412 |
| 2061 | -611 | -432 |
| 2062 | -637 | -452 |
| 2063 | -663 | -473 |
| 2064 | -690 | -494 |
| 2065 | -717 | -516 |
| 2066 | -745 | -538 |
| 2067 | -772 | -560 |
| 2068 | -801 | -583 |
| 2069 | -829 | -606 |
| 2070 | -858 | -629 |
| 2071 | -888 | -653 |
| 2072 | -918 | -678 |
| 2073 | -949 | -703 |
| 2074 | -981 | -728 |
| 2075 | -1014 | -755 |
| 2076 | -1047 | -782 |
| 2077 | -1082 | -809 |
| 2078 | -1117 | -838 |
| 2079 | -1153 | -867 |
| 2080 | -1190 | -896 |
| 2081 | -1227 | -926 |
| 2082 | -1264 | -955 |
| 2083 | -1300 | -985 |
| 2084 | -1337 | -1014 |
| 2085 | -1374 | -1043 |
| 2086 | -1410 | -1073 |
| 2087 | -1446 | -1102 |
| 2088 | -1483 | -1131 |
| 2089 | -1520 | -1161 |
| 2090 | -1557 | -1191 |
| 2091 | -1595 | -1221 |
| 2092 | -1633 | -1252 |
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