Proposed Provision: Beginning in 2006, make all earnings subject to the payroll tax (but retain the current-law taxable maximum for benefit calculations)
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2005 | 320 | 320 |
2006 | 337 | 337 |
2007 | 355 | 373 |
2008 | 370 | 408 |
2009 | 383 | 440 |
2010 | 394 | 470 |
2011 | 404 | 499 |
2012 | 410 | 523 |
2013 | 415 | 545 |
2014 | 417 | 564 |
2015 | 418 | 581 |
2016 | 416 | 595 |
2017 | 412 | 607 |
2018 | 407 | 617 |
2019 | 401 | 625 |
2020 | 393 | 631 |
2021 | 383 | 635 |
2022 | 372 | 639 |
2023 | 360 | 640 |
2024 | 346 | 641 |
2025 | 332 | 640 |
2026 | 316 | 638 |
2027 | 299 | 636 |
2028 | 282 | 633 |
2029 | 264 | 630 |
2030 | 245 | 626 |
2031 | 225 | 623 |
2032 | 205 | 619 |
2033 | 185 | 615 |
2034 | 164 | 612 |
2035 | 143 | 609 |
2036 | 121 | 606 |
2037 | 99 | 603 |
2038 | 77 | 601 |
2039 | 54 | 599 |
2040 | 31 | 598 |
2041 | 7 | 596 |
2042 | -17 | 594 |
2043 | -41 | 592 |
2044 | -66 | 590 |
2045 | -91 | 588 |
2046 | -117 | 587 |
2047 | -143 | 584 |
2048 | -169 | 582 |
2049 | -196 | 580 |
2050 | -223 | 577 |
2051 | -251 | 574 |
2052 | -279 | 571 |
2053 | -308 | 568 |
2054 | -337 | 564 |
2055 | -367 | 559 |
2056 | -397 | 555 |
2057 | -428 | 550 |
2058 | -460 | 545 |
2059 | -492 | 539 |
2060 | -525 | 534 |
2061 | -558 | 528 |
2062 | -592 | 521 |
2063 | -626 | 514 |
2064 | -661 | 507 |
2065 | -697 | 500 |
2066 | -734 | 492 |
2067 | -772 | 484 |
2068 | -810 | 475 |
2069 | -849 | 466 |
2070 | -889 | 457 |
2071 | -930 | 448 |
2072 | -971 | 438 |
2073 | -1014 | 429 |
2074 | -1057 | 418 |
2075 | -1101 | 408 |
2076 | -1146 | 397 |
2077 | -1192 | 386 |
2078 | -1238 | 375 |
2079 | -1286 | 363 |
2080 | -1334 | 351 |
2081 | -1383 | 339 |
2082 | -1433 | 326 |
2083 | -1484 | 313 |
2084 | -1536 | 299 |
2085 | -1589 | 285 |
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