Proposed Provision: E1.1. Increase the payroll tax rate (currently 12.4 percent) to 16.4 percent in 2026 and later.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2025 | 169 | 169 |
| 2026 | 149 | 149 |
| 2027 | 131 | 154 |
| 2028 | 113 | 159 |
| 2029 | 95 | 164 |
| 2030 | 78 | 168 |
| 2031 | 60 | 172 |
| 2032 | 43 | 176 |
| 2033 | 26 | 180 |
| 2034 | 9 | 186 |
| 2035 | -9 | 191 |
| 2036 | -27 | 196 |
| 2037 | -45 | 201 |
| 2038 | -63 | 206 |
| 2039 | -83 | 211 |
| 2040 | -102 | 216 |
| 2041 | -122 | 221 |
| 2042 | -143 | 226 |
| 2043 | -164 | 231 |
| 2044 | -185 | 235 |
| 2045 | -206 | 240 |
| 2046 | -228 | 245 |
| 2047 | -250 | 250 |
| 2048 | -272 | 254 |
| 2049 | -295 | 258 |
| 2050 | -317 | 262 |
| 2051 | -340 | 266 |
| 2052 | -363 | 270 |
| 2053 | -386 | 273 |
| 2054 | -409 | 275 |
| 2055 | -433 | 278 |
| 2056 | -457 | 279 |
| 2057 | -481 | 280 |
| 2058 | -505 | 281 |
| 2059 | -530 | 281 |
| 2060 | -556 | 281 |
| 2061 | -582 | 281 |
| 2062 | -609 | 280 |
| 2063 | -636 | 279 |
| 2064 | -664 | 278 |
| 2065 | -692 | 276 |
| 2066 | -721 | 274 |
| 2067 | -750 | 272 |
| 2068 | -780 | 269 |
| 2069 | -810 | 267 |
| 2070 | -840 | 263 |
| 2071 | -871 | 260 |
| 2072 | -903 | 256 |
| 2073 | -935 | 251 |
| 2074 | -967 | 247 |
| 2075 | -1000 | 242 |
| 2076 | -1035 | 237 |
| 2077 | -1070 | 232 |
| 2078 | -1106 | 227 |
| 2079 | -1142 | 221 |
| 2080 | -1180 | 216 |
| 2081 | -1219 | 211 |
| 2082 | -1258 | 205 |
| 2083 | -1298 | 200 |
| 2084 | -1338 | 195 |
| 2085 | -1380 | 190 |
| 2086 | -1423 | 185 |
| 2087 | -1466 | 180 |
| 2088 | -1510 | 176 |
| 2089 | -1554 | 172 |
| 2090 | -1599 | 168 |
| 2091 | -1643 | 164 |
| 2092 | -1687 | 160 |
| 2093 | -1731 | 157 |
| 2094 | -1774 | 154 |
| 2095 | -1816 | 151 |
| 2096 | -1858 | 147 |
| 2097 | -1900 | 144 |
| 2098 | -1941 | 141 |
| 2099 | -1982 | 138 |
| 2100 | -2022 | 134 |
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