Proposed Provision: E3.2. Increase the taxable maximum such that 90 percent of earnings would be subject to the payroll tax (phased in 2026-2035). Do not provide benefit credit for additional earnings taxed.
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 | -48 |
| 2042 | -143 | -61 |
| 2043 | -164 | -75 |
| 2044 | -185 | -89 |
| 2045 | -206 | -103 |
| 2046 | -228 | -117 |
| 2047 | -250 | -132 |
| 2048 | -272 | -146 |
| 2049 | -295 | -161 |
| 2050 | -317 | -176 |
| 2051 | -340 | -192 |
| 2052 | -363 | -207 |
| 2053 | -386 | -223 |
| 2054 | -409 | -239 |
| 2055 | -433 | -255 |
| 2056 | -457 | -272 |
| 2057 | -481 | -289 |
| 2058 | -505 | -306 |
| 2059 | -530 | -324 |
| 2060 | -556 | -342 |
| 2061 | -582 | -361 |
| 2062 | -609 | -380 |
| 2063 | -636 | -400 |
| 2064 | -664 | -420 |
| 2065 | -692 | -441 |
| 2066 | -721 | -462 |
| 2067 | -750 | -484 |
| 2068 | -780 | -506 |
| 2069 | -810 | -528 |
| 2070 | -840 | -550 |
| 2071 | -871 | -574 |
| 2072 | -903 | -597 |
| 2073 | -935 | -621 |
| 2074 | -967 | -646 |
| 2075 | -1000 | -671 |
| 2076 | -1035 | -697 |
| 2077 | -1070 | -723 |
| 2078 | -1106 | -751 |
| 2079 | -1142 | -779 |
| 2080 | -1180 | -807 |
| 2081 | -1219 | -836 |
| 2082 | -1258 | -866 |
| 2083 | -1298 | -896 |
| 2084 | -1338 | -927 |
| 2085 | -1380 | -958 |
| 2086 | -1423 | -990 |
| 2087 | -1466 | -1023 |
| 2088 | -1510 | -1055 |
| 2089 | -1554 | -1088 |
| 2090 | -1599 | -1121 |
| 2091 | -1643 | -1154 |
| 2092 | -1687 | -1187 |
| 2093 | -1731 | -1219 |
| 2094 | -1774 | -1251 |
| 2095 | -1816 | -1282 |
| 2096 | -1858 | -1313 |
| 2097 | -1900 | -1344 |
| 2098 | -1941 | -1374 |
| 2099 | -1982 | -1404 |
| 2100 | -2022 | -1434 |
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