Proposed Provision: Tax Social Security benefits in a manner similar to private pension income beginning in 2011. Phase out the lower-income thresholds during 2011-2030.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2010 | 355 | 355 |
| 2011 | 353 | 353 |
| 2012 | 350 | 351 |
| 2013 | 346 | 347 |
| 2014 | 341 | 343 |
| 2015 | 335 | 339 |
| 2016 | 330 | 335 |
| 2017 | 324 | 331 |
| 2018 | 317 | 326 |
| 2019 | 309 | 319 |
| 2020 | 299 | 312 |
| 2021 | 289 | 304 |
| 2022 | 277 | 294 |
| 2023 | 264 | 284 |
| 2024 | 251 | 273 |
| 2025 | 237 | 261 |
| 2026 | 221 | 248 |
| 2027 | 205 | 234 |
| 2028 | 189 | 220 |
| 2029 | 171 | 205 |
| 2030 | 154 | 190 |
| 2031 | 136 | 175 |
| 2032 | 117 | 159 |
| 2033 | 98 | 142 |
| 2034 | 79 | 125 |
| 2035 | 59 | 108 |
| 2036 | 39 | 91 |
| 2037 | 19 | 73 |
| 2038 | -1 | 56 |
| 2039 | -21 | 38 |
| 2040 | -42 | 20 |
| 2041 | -63 | 2 |
| 2042 | -84 | -17 |
| 2043 | -105 | -35 |
| 2044 | -126 | -53 |
| 2045 | -147 | -72 |
| 2046 | -168 | -91 |
| 2047 | -189 | -110 |
| 2048 | -211 | -129 |
| 2049 | -233 | -148 |
| 2050 | -255 | -167 |
| 2051 | -277 | -187 |
| 2052 | -299 | -206 |
| 2053 | -321 | -226 |
| 2054 | -344 | -246 |
| 2055 | -366 | -266 |
| 2056 | -389 | -287 |
| 2057 | -412 | -308 |
| 2058 | -436 | -329 |
| 2059 | -460 | -351 |
| 2060 | -485 | -373 |
| 2061 | -509 | -395 |
| 2062 | -534 | -418 |
| 2063 | -560 | -441 |
| 2064 | -586 | -464 |
| 2065 | -612 | -488 |
| 2066 | -638 | -512 |
| 2067 | -665 | -536 |
| 2068 | -692 | -561 |
| 2069 | -720 | -586 |
| 2070 | -748 | -611 |
| 2071 | -776 | -637 |
| 2072 | -805 | -663 |
| 2073 | -834 | -690 |
| 2074 | -864 | -717 |
| 2075 | -894 | -745 |
| 2076 | -925 | -773 |
| 2077 | -957 | -802 |
| 2078 | -989 | -831 |
| 2079 | -1021 | -861 |
| 2080 | -1054 | -891 |
| 2081 | -1087 | -922 |
| 2082 | -1121 | -953 |
| 2083 | -1156 | -985 |
| 2084 | -1191 | -1017 |
| 2085 | -1227 | -1050 |
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