Proposed Provision: Reduce the payroll tax rate (currently 12.4 percent) to 11.4 percent in 2016 and later.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2015 | 308 | 308 |
| 2016 | 298 | 298 |
| 2017 | 280 | 274 |
| 2018 | 264 | 251 |
| 2019 | 248 | 230 |
| 2020 | 233 | 208 |
| 2021 | 219 | 188 |
| 2022 | 204 | 167 |
| 2023 | 189 | 147 |
| 2024 | 173 | 126 |
| 2025 | 157 | 105 |
| 2026 | 142 | 84 |
| 2027 | 126 | 62 |
| 2028 | 110 | 41 |
| 2029 | 94 | 18 |
| 2030 | 77 | -4 |
| 2031 | 60 | -28 |
| 2032 | 42 | -52 |
| 2033 | 23 | -78 |
| 2034 | 4 | -103 |
| 2035 | -16 | -130 |
| 2036 | -36 | -157 |
| 2037 | -57 | -185 |
| 2038 | -78 | -213 |
| 2039 | -100 | -242 |
| 2040 | -122 | -271 |
| 2041 | -144 | -301 |
| 2042 | -166 | -331 |
| 2043 | -189 | -361 |
| 2044 | -211 | -392 |
| 2045 | -234 | -423 |
| 2046 | -257 | -454 |
| 2047 | -280 | -485 |
| 2048 | -303 | -517 |
| 2049 | -327 | -549 |
| 2050 | -351 | -581 |
| 2051 | -375 | -614 |
| 2052 | -398 | -646 |
| 2053 | -423 | -679 |
| 2054 | -447 | -711 |
| 2055 | -472 | -745 |
| 2056 | -496 | -778 |
| 2057 | -522 | -812 |
| 2058 | -548 | -846 |
| 2059 | -574 | -882 |
| 2060 | -601 | -917 |
| 2061 | -629 | -954 |
| 2062 | -657 | -991 |
| 2063 | -685 | -1028 |
| 2064 | -714 | -1067 |
| 2065 | -744 | -1105 |
| 2066 | -774 | -1145 |
| 2067 | -804 | -1184 |
| 2068 | -835 | -1225 |
| 2069 | -867 | -1266 |
| 2070 | -899 | -1308 |
| 2071 | -932 | -1350 |
| 2072 | -965 | -1394 |
| 2073 | -1000 | -1439 |
| 2074 | -1035 | -1485 |
| 2075 | -1072 | -1532 |
| 2076 | -1110 | -1581 |
| 2077 | -1148 | -1632 |
| 2078 | -1188 | -1683 |
| 2079 | -1228 | -1735 |
| 2080 | -1268 | -1788 |
| 2081 | -1309 | -1841 |
| 2082 | -1350 | -1894 |
| 2083 | -1391 | -1947 |
| 2084 | -1432 | -1999 |
| 2085 | -1472 | -2052 |
| 2086 | -1514 | -2105 |
| 2087 | -1555 | -2159 |
| 2088 | -1597 | -2213 |
| 2089 | -1640 | -2268 |
| 2090 | -1683 | -2324 |
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