Proposed Provision: Reduce the payroll tax rate (currently 12.4 percent) to 11.4 percent in 2013 and later.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2012 | 340 | 340 |
| 2013 | 329 | 329 |
| 2014 | 315 | 309 |
| 2015 | 302 | 289 |
| 2016 | 290 | 270 |
| 2017 | 277 | 252 |
| 2018 | 265 | 234 |
| 2019 | 253 | 216 |
| 2020 | 240 | 197 |
| 2021 | 227 | 178 |
| 2022 | 212 | 158 |
| 2023 | 197 | 138 |
| 2024 | 181 | 116 |
| 2025 | 164 | 94 |
| 2026 | 147 | 71 |
| 2027 | 129 | 48 |
| 2028 | 110 | 23 |
| 2029 | 90 | -3 |
| 2030 | 70 | -29 |
| 2031 | 49 | -56 |
| 2032 | 27 | -84 |
| 2033 | 5 | -113 |
| 2034 | -18 | -142 |
| 2035 | -41 | -172 |
| 2036 | -65 | -203 |
| 2037 | -89 | -234 |
| 2038 | -114 | -266 |
| 2039 | -138 | -298 |
| 2040 | -163 | -331 |
| 2041 | -189 | -364 |
| 2042 | -215 | -398 |
| 2043 | -240 | -432 |
| 2044 | -266 | -466 |
| 2045 | -292 | -501 |
| 2046 | -319 | -536 |
| 2047 | -346 | -571 |
| 2048 | -373 | -607 |
| 2049 | -400 | -643 |
| 2050 | -428 | -680 |
| 2051 | -456 | -717 |
| 2052 | -484 | -754 |
| 2053 | -512 | -792 |
| 2054 | -540 | -829 |
| 2055 | -569 | -867 |
| 2056 | -598 | -906 |
| 2057 | -628 | -945 |
| 2058 | -657 | -984 |
| 2059 | -688 | -1025 |
| 2060 | -719 | -1066 |
| 2061 | -750 | -1107 |
| 2062 | -782 | -1149 |
| 2063 | -814 | -1192 |
| 2064 | -847 | -1235 |
| 2065 | -880 | -1278 |
| 2066 | -913 | -1322 |
| 2067 | -946 | -1366 |
| 2068 | -980 | -1411 |
| 2069 | -1014 | -1455 |
| 2070 | -1049 | -1501 |
| 2071 | -1084 | -1547 |
| 2072 | -1120 | -1594 |
| 2073 | -1156 | -1641 |
| 2074 | -1193 | -1689 |
| 2075 | -1230 | -1738 |
| 2076 | -1268 | -1788 |
| 2077 | -1307 | -1838 |
| 2078 | -1346 | -1889 |
| 2079 | -1385 | -1940 |
| 2080 | -1425 | -1992 |
| 2081 | -1465 | -2044 |
| 2082 | -1505 | -2097 |
| 2083 | -1547 | -2150 |
| 2084 | -1588 | -2204 |
| 2085 | -1631 | -2259 |
| 2086 | -1673 | -2315 |
| 2087 | -1717 | -2371 |
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