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
2025169169
2026149149
2027131132
2028113116
202995101
20307886
20316073
20324360
20332648
2034936
2035-925
2036-2714
2037-452
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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