Proposed Provision: Tax Social Security benefits in a manner similar to private pension income beginning in 2009. Phase out the lower-income thresholds during 2009-2028.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| | |
| 2008 | 359 | 359 |
| 2009 | 369 | 369 |
| 2010 | 378 | 379 |
| 2011 | 386 | 388 |
| 2012 | 392 | 394 |
| 2013 | 394 | 398 |
| 2014 | 395 | 400 |
| 2015 | 393 | 400 |
| 2016 | 390 | 398 |
| 2017 | 385 | 395 |
| 2018 | 378 | 391 |
| 2019 | 371 | 385 |
| 2020 | 361 | 378 |
| 2021 | 351 | 370 |
| 2022 | 341 | 362 |
| 2023 | 329 | 352 |
| 2024 | 316 | 342 |
| 2025 | 302 | 330 |
| 2026 | 287 | 318 |
| 2027 | 272 | 305 |
| 2028 | 256 | 291 |
| 2029 | 239 | 277 |
| 2030 | 221 | 262 |
| 2031 | 203 | 246 |
| 2032 | 185 | 230 |
| 2033 | 166 | 213 |
| 2034 | 147 | 197 |
| 2035 | 127 | 180 |
| 2036 | 108 | 162 |
| 2037 | 88 | 145 |
| 2038 | 67 | 127 |
| 2039 | 47 | 109 |
| 2040 | 26 | 91 |
| 2041 | 6 | 73 |
| 2042 | -15 | 55 |
| 2043 | -36 | 37 |
| 2044 | -57 | 18 |
| 2045 | -78 | -1 |
| 2046 | -100 | -19 |
| 2047 | -121 | -39 |
| 2048 | -143 | -58 |
| 2049 | -165 | -77 |
| 2050 | -187 | -97 |
| 2051 | -209 | -116 |
| 2052 | -232 | -136 |
| 2053 | -254 | -157 |
| 2054 | -277 | -177 |
| 2055 | -300 | -198 |
| 2056 | -324 | -219 |
| 2057 | -347 | -240 |
| 2058 | -372 | -262 |
| 2059 | -396 | -284 |
| 2060 | -421 | -307 |
| 2061 | -447 | -330 |
| 2062 | -472 | -353 |
| 2063 | -498 | -377 |
| 2064 | -525 | -401 |
| 2065 | -552 | -425 |
| 2066 | -579 | -450 |
| 2067 | -607 | -475 |
| 2068 | -635 | -501 |
| 2069 | -664 | -527 |
| 2070 | -693 | -554 |
| 2071 | -722 | -581 |
| 2072 | -752 | -608 |
| 2073 | -782 | -636 |
| 2074 | -813 | -664 |
| 2075 | -845 | -693 |
| 2076 | -876 | -722 |
| 2077 | -909 | -751 |
| 2078 | -942 | -782 |
| 2079 | -975 | -812 |
| 2080 | -1009 | -844 |
| 2081 | -1044 | -875 |
| 2082 | -1079 | -908 |
| 2083 | -1114 | -941 |
| 2084 | -1151 | -974 |
| 2085 | -1188 | -1008 |
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