Proposed Provision: E3.2. Increase the taxable maximum such that 90 percent of earnings would be subject to the payroll tax (phased in 2027-2036). Do not provide benefit credit for additional earnings taxed.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2026 | 151 | 151 |
| 2027 | 131 | 131 |
| 2028 | 111 | 112 |
| 2029 | 92 | 95 |
| 2030 | 74 | 80 |
| 2031 | 57 | 65 |
| 2032 | 40 | 53 |
| 2033 | 23 | 41 |
| 2034 | 7 | 30 |
| 2035 | -9 | 20 |
| 2036 | -25 | 10 |
| 2037 | -41 | 0 |
| 2038 | -58 | -10 |
| 2039 | -76 | -21 |
| 2040 | -94 | -32 |
| 2041 | -112 | -43 |
| 2042 | -132 | -55 |
| 2043 | -151 | -68 |
| 2044 | -171 | -81 |
| 2045 | -192 | -94 |
| 2046 | -213 | -108 |
| 2047 | -234 | -122 |
| 2048 | -256 | -137 |
| 2049 | -279 | -152 |
| 2050 | -301 | -167 |
| 2051 | -324 | -182 |
| 2052 | -347 | -198 |
| 2053 | -371 | -215 |
| 2054 | -395 | -232 |
| 2055 | -420 | -249 |
| 2056 | -445 | -267 |
| 2057 | -470 | -285 |
| 2058 | -496 | -304 |
| 2059 | -522 | -324 |
| 2060 | -550 | -344 |
| 2061 | -578 | -365 |
| 2062 | -607 | -387 |
| 2063 | -636 | -409 |
| 2064 | -666 | -432 |
| 2065 | -697 | -456 |
| 2066 | -729 | -480 |
| 2067 | -761 | -505 |
| 2068 | -794 | -530 |
| 2069 | -827 | -556 |
| 2070 | -861 | -583 |
| 2071 | -896 | -610 |
| 2072 | -931 | -638 |
| 2073 | -967 | -666 |
| 2074 | -1004 | -696 |
| 2075 | -1042 | -726 |
| 2076 | -1081 | -757 |
| 2077 | -1121 | -789 |
| 2078 | -1162 | -822 |
| 2079 | -1204 | -855 |
| 2080 | -1248 | -890 |
| 2081 | -1292 | -925 |
| 2082 | -1337 | -962 |
| 2083 | -1384 | -998 |
| 2084 | -1431 | -1036 |
| 2085 | -1480 | -1075 |
| 2086 | -1530 | -1115 |
| 2087 | -1581 | -1156 |
| 2088 | -1633 | -1197 |
| 2089 | -1686 | -1239 |
| 2090 | -1740 | -1282 |
| 2091 | -1795 | -1326 |
| 2092 | -1850 | -1369 |
| 2093 | -1906 | -1414 |
| 2094 | -1962 | -1458 |
| 2095 | -2019 | -1503 |
| 2096 | -2075 | -1547 |
| 2097 | -2132 | -1592 |
| 2098 | -2189 | -1637 |
| 2099 | -2246 | -1682 |
| 2100 | -2303 | -1727 |
| 2101 | -2359 | -1772 |
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