Proposed Provision: Increase the payroll tax rate (currently 12.4 percent) to 15.3 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 | 333 |
| 2015 | 302 | 338 |
| 2016 | 290 | 344 |
| 2017 | 277 | 350 |
| 2018 | 265 | 355 |
| 2019 | 253 | 360 |
| 2020 | 240 | 363 |
| 2021 | 227 | 366 |
| 2022 | 212 | 367 |
| 2023 | 197 | 367 |
| 2024 | 181 | 366 |
| 2025 | 164 | 365 |
| 2026 | 147 | 364 |
| 2027 | 129 | 362 |
| 2028 | 110 | 359 |
| 2029 | 90 | 356 |
| 2030 | 70 | 353 |
| 2031 | 49 | 349 |
| 2032 | 27 | 345 |
| 2033 | 5 | 341 |
| 2034 | -18 | 337 |
| 2035 | -41 | 333 |
| 2036 | -65 | 329 |
| 2037 | -89 | 325 |
| 2038 | -114 | 322 |
| 2039 | -138 | 318 |
| 2040 | -163 | 316 |
| 2041 | -189 | 313 |
| 2042 | -215 | 310 |
| 2043 | -240 | 308 |
| 2044 | -266 | 306 |
| 2045 | -292 | 304 |
| 2046 | -319 | 302 |
| 2047 | -346 | 300 |
| 2048 | -373 | 299 |
| 2049 | -400 | 297 |
| 2050 | -428 | 296 |
| 2051 | -456 | 294 |
| 2052 | -484 | 293 |
| 2053 | -512 | 291 |
| 2054 | -540 | 289 |
| 2055 | -569 | 287 |
| 2056 | -598 | 285 |
| 2057 | -628 | 283 |
| 2058 | -657 | 281 |
| 2059 | -688 | 279 |
| 2060 | -719 | 277 |
| 2061 | -750 | 275 |
| 2062 | -782 | 272 |
| 2063 | -814 | 270 |
| 2064 | -847 | 268 |
| 2065 | -880 | 265 |
| 2066 | -913 | 262 |
| 2067 | -946 | 260 |
| 2068 | -980 | 256 |
| 2069 | -1014 | 253 |
| 2070 | -1049 | 250 |
| 2071 | -1084 | 246 |
| 2072 | -1120 | 242 |
| 2073 | -1156 | 238 |
| 2074 | -1193 | 234 |
| 2075 | -1230 | 230 |
| 2076 | -1268 | 226 |
| 2077 | -1307 | 221 |
| 2078 | -1346 | 216 |
| 2079 | -1385 | 211 |
| 2080 | -1425 | 206 |
| 2081 | -1465 | 200 |
| 2082 | -1505 | 194 |
| 2083 | -1547 | 188 |
| 2084 | -1588 | 182 |
| 2085 | -1631 | 176 |
| 2086 | -1673 | 169 |
| 2087 | -1717 | 162 |
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