Proposed Provision: Beginning in 2009, 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 |
| | |
2008 | 359 | 359 |
2009 | 369 | 369 |
2010 | 378 | 397 |
2011 | 386 | 424 |
2012 | 392 | 448 |
2013 | 394 | 468 |
2014 | 395 | 485 |
2015 | 393 | 500 |
2016 | 390 | 513 |
2017 | 385 | 523 |
2018 | 378 | 532 |
2019 | 371 | 539 |
2020 | 361 | 545 |
2021 | 351 | 549 |
2022 | 341 | 553 |
2023 | 329 | 556 |
2024 | 316 | 557 |
2025 | 302 | 558 |
2026 | 287 | 558 |
2027 | 272 | 557 |
2028 | 256 | 556 |
2029 | 239 | 554 |
2030 | 221 | 552 |
2031 | 203 | 549 |
2032 | 185 | 547 |
2033 | 166 | 545 |
2034 | 147 | 543 |
2035 | 127 | 542 |
2036 | 108 | 540 |
2037 | 88 | 539 |
2038 | 67 | 539 |
2039 | 47 | 539 |
2040 | 26 | 539 |
2041 | 6 | 540 |
2042 | -15 | 541 |
2043 | -36 | 543 |
2044 | -57 | 544 |
2045 | -78 | 546 |
2046 | -100 | 547 |
2047 | -121 | 549 |
2048 | -143 | 551 |
2049 | -165 | 553 |
2050 | -187 | 555 |
2051 | -209 | 557 |
2052 | -232 | 558 |
2053 | -254 | 560 |
2054 | -277 | 561 |
2055 | -300 | 562 |
2056 | -324 | 563 |
2057 | -347 | 564 |
2058 | -372 | 564 |
2059 | -396 | 564 |
2060 | -421 | 565 |
2061 | -447 | 565 |
2062 | -472 | 565 |
2063 | -498 | 565 |
2064 | -525 | 565 |
2065 | -552 | 564 |
2066 | -579 | 564 |
2067 | -607 | 563 |
2068 | -635 | 562 |
2069 | -664 | 561 |
2070 | -693 | 559 |
2071 | -722 | 558 |
2072 | -752 | 556 |
2073 | -782 | 554 |
2074 | -813 | 551 |
2075 | -845 | 549 |
2076 | -876 | 546 |
2077 | -909 | 543 |
2078 | -942 | 540 |
2079 | -975 | 537 |
2080 | -1009 | 533 |
2081 | -1044 | 529 |
2082 | -1079 | 525 |
2083 | -1114 | 520 |
2084 | -1151 | 515 |
2085 | -1188 | 510 |
back