Proposed Provision: Reduce the payroll tax rate (currently 12.4 percent) to 11.4 percent in 2017 and later.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Present Law Provision
2016303303
2017293293
2018277271
2019262249
2020246227
2021231206
2022216185
2023200163
2024183141
2025165119
202614997
202713275
202811552
20299830
2030817
203164-17
203246-41
203327-65
20348-91
2035-11-117
2036-30-143
2037-50-169
2038-71-196
2039-91-224
2040-112-252
2041-133-280
2042-154-309
2043-176-337
2044-197-366
2045-218-395
2046-240-425
2047-262-454
2048-283-484
2049-305-513
2050-327-543
2051-349-573
2052-371-603
2053-393-633
2054-415-663
2055-437-693
2056-460-723
2057-482-754
2058-506-785
2059-529-816
2060-553-848
2061-578-881
2062-603-914
2063-628-947
2064-654-981
2065-680-1016
2066-706-1051
2067-733-1086
2068-760-1122
2069-788-1158
2070-816-1194
2071-845-1232
2072-874-1270
2073-905-1309
2074-935-1349
2075-967-1391
2076-1000-1433
2077-1033-1477
2078-1068-1521
2079-1102-1567
2080-1138-1613
2081-1173-1659
2082-1208-1705
2083-1243-1751
2084-1279-1796
2085-1314-1842
2086-1349-1887
2087-1384-1933
2088-1419-1978
2089-1455-2024
2090-1491-2071
2091-1528-2118
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