Proposed Provision: E3.1. Increase the taxable maximum such that 90 percent of earnings would be subject to the payroll tax (phased in 2026-2035). Provide benefit credit for earnings up to the revised taxable maximum.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2025 | 169 | 169 |
| 2026 | 149 | 149 |
| 2027 | 131 | 132 |
| 2028 | 113 | 116 |
| 2029 | 95 | 101 |
| 2030 | 78 | 86 |
| 2031 | 60 | 73 |
| 2032 | 43 | 60 |
| 2033 | 26 | 48 |
| 2034 | 9 | 36 |
| 2035 | -9 | 25 |
| 2036 | -27 | 14 |
| 2037 | -45 | 2 |
| 2038 | -63 | -10 |
| 2039 | -83 | -22 |
| 2040 | -102 | -35 |
| 2041 | -122 | -49 |
| 2042 | -143 | -62 |
| 2043 | -164 | -76 |
| 2044 | -185 | -90 |
| 2045 | -206 | -105 |
| 2046 | -228 | -119 |
| 2047 | -250 | -134 |
| 2048 | -272 | -149 |
| 2049 | -295 | -164 |
| 2050 | -317 | -180 |
| 2051 | -340 | -196 |
| 2052 | -363 | -212 |
| 2053 | -386 | -228 |
| 2054 | -409 | -245 |
| 2055 | -433 | -261 |
| 2056 | -457 | -279 |
| 2057 | -481 | -296 |
| 2058 | -505 | -314 |
| 2059 | -530 | -333 |
| 2060 | -556 | -352 |
| 2061 | -582 | -372 |
| 2062 | -609 | -392 |
| 2063 | -636 | -413 |
| 2064 | -664 | -434 |
| 2065 | -692 | -456 |
| 2066 | -721 | -478 |
| 2067 | -750 | -501 |
| 2068 | -780 | -524 |
| 2069 | -810 | -547 |
| 2070 | -840 | -571 |
| 2071 | -871 | -595 |
| 2072 | -903 | -620 |
| 2073 | -935 | -646 |
| 2074 | -967 | -672 |
| 2075 | -1000 | -698 |
| 2076 | -1035 | -726 |
| 2077 | -1070 | -754 |
| 2078 | -1106 | -783 |
| 2079 | -1142 | -812 |
| 2080 | -1180 | -843 |
| 2081 | -1219 | -873 |
| 2082 | -1258 | -905 |
| 2083 | -1298 | -937 |
| 2084 | -1338 | -970 |
| 2085 | -1380 | -1003 |
| 2086 | -1423 | -1038 |
| 2087 | -1466 | -1072 |
| 2088 | -1510 | -1107 |
| 2089 | -1554 | -1143 |
| 2090 | -1599 | -1178 |
| 2091 | -1643 | -1213 |
| 2092 | -1687 | -1249 |
| 2093 | -1731 | -1283 |
| 2094 | -1774 | -1318 |
| 2095 | -1816 | -1351 |
| 2096 | -1858 | -1385 |
| 2097 | -1900 | -1418 |
| 2098 | -1941 | -1451 |
| 2099 | -1982 | -1484 |
| 2100 | -2022 | -1516 |
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