Proposed Provision: Increase the payroll tax rate (currently 12.4 percent) to 14.8 percent in 2012 and later.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2011 | 353 | 353 |
| 2012 | 347 | 347 |
| 2013 | 341 | 356 |
| 2014 | 334 | 366 |
| 2015 | 328 | 376 |
| 2016 | 321 | 385 |
| 2017 | 314 | 394 |
| 2018 | 306 | 400 |
| 2019 | 296 | 405 |
| 2020 | 284 | 407 |
| 2021 | 272 | 408 |
| 2022 | 259 | 408 |
| 2023 | 245 | 408 |
| 2024 | 230 | 406 |
| 2025 | 214 | 404 |
| 2026 | 198 | 402 |
| 2027 | 181 | 399 |
| 2028 | 164 | 395 |
| 2029 | 145 | 391 |
| 2030 | 127 | 387 |
| 2031 | 107 | 382 |
| 2032 | 87 | 377 |
| 2033 | 67 | 372 |
| 2034 | 46 | 368 |
| 2035 | 25 | 363 |
| 2036 | 4 | 359 |
| 2037 | -18 | 354 |
| 2038 | -40 | 350 |
| 2039 | -62 | 346 |
| 2040 | -85 | 343 |
| 2041 | -108 | 340 |
| 2042 | -130 | 337 |
| 2043 | -153 | 334 |
| 2044 | -176 | 331 |
| 2045 | -200 | 329 |
| 2046 | -223 | 326 |
| 2047 | -247 | 324 |
| 2048 | -271 | 322 |
| 2049 | -295 | 320 |
| 2050 | -319 | 317 |
| 2051 | -343 | 315 |
| 2052 | -368 | 313 |
| 2053 | -393 | 310 |
| 2054 | -418 | 308 |
| 2055 | -443 | 305 |
| 2056 | -468 | 302 |
| 2057 | -494 | 299 |
| 2058 | -521 | 296 |
| 2059 | -548 | 293 |
| 2060 | -575 | 290 |
| 2061 | -602 | 286 |
| 2062 | -630 | 283 |
| 2063 | -659 | 279 |
| 2064 | -687 | 276 |
| 2065 | -716 | 272 |
| 2066 | -746 | 268 |
| 2067 | -775 | 264 |
| 2068 | -805 | 259 |
| 2069 | -835 | 255 |
| 2070 | -866 | 250 |
| 2071 | -897 | 245 |
| 2072 | -928 | 240 |
| 2073 | -960 | 234 |
| 2074 | -992 | 228 |
| 2075 | -1025 | 222 |
| 2076 | -1058 | 216 |
| 2077 | -1092 | 210 |
| 2078 | -1126 | 203 |
| 2079 | -1161 | 196 |
| 2080 | -1196 | 189 |
| 2081 | -1232 | 182 |
| 2082 | -1268 | 174 |
| 2083 | -1305 | 166 |
| 2084 | -1342 | 158 |
| 2085 | -1380 | 149 |
| 2086 | -1419 | 140 |
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