Table 1b -- Projected Unified Budget Effect of Diamond-Orszag Proposal
Year
Change
in OASDI
Cash Flow
Change in
Annual
Unified Budget
Cash Flow
Change
in Debt
Held by
Public
1
(End of Year)
Change in
Annual
Unified Budget
Balance
(In billions of Constant 2003 Dollars)
2004
0.0
0.0
0.0
0.0
2005
25.2
25.2
-26.0
26.0
2006
27.3
27.3
-54.9
29.7
2007
28.7
28.7
-86.2
32.9
2008
31.3
31.3
-121.1
37.4
2009
34.1
34.1
-160.1
42.5
2010
36.9
36.9
-203.1
47.7
2011
41.0
41.0
-251.7
54.5
2012
38.3
38.3
-298.9
54.5
2013
40.6
40.6
-349.8
59.7
2014
42.6
42.6
-404.3
64.7
2015
44.4
44.4
-462.3
69.8
2016
46.3
46.3
-523.9
75.1
2017
47.9
47.9
-589.0
80.3
2018
49.8
49.8
-658.0
86.2
2019
51.5
51.5
-730.8
91.9
2020
53.0
53.0
-807.3
97.8
2021
54.2
54.2
-887.4
103.6
2022
55.6
55.6
-971.2
109.7
2023
59.2
59.2
-1,061.3
118.4
2024
63.1
63.1
-1,158.2
127.8
2025
67.4
67.4
-1,262.3
137.9
2026
71.9
71.9
-1,374.3
148.7
2027
76.7
76.7
-1,494.5
160.3
2028
81.8
81.8
-1,623.6
172.6
2029
87.5
87.5
-1,762.4
186.1
2030
93.5
93.5
-1,911.6
200.5
2031
100.0
100.0
-2,072.0
216.0
2032
107.0
107.0
-2,244.4
232.8
2033
114.1
114.1
-2,429.3
250.3
2034
121.7
121.7
-2,627.6
269.0
2035
129.8
129.8
-2,840.1
289.1
2036
138.3
138.3
-3,067.8
310.4
2037
147.4
147.4
-3,311.6
333.2
2038
155.7
155.7
-3,571.3
356.2
2039
164.5
164.5
-3,847.9
380.5
2040
173.6
173.6
-4,142.1
406.4
2041
183.3
183.3
-4,455.2
433.7
2042
193.5
193.5
-4,788.2
462.7
2043
203.1
203.1
-5,141.0
492.3
2044
213.1
213.1
-5,514.8
523.5
2045
223.7
223.7
-5,910.7
556.5
2046
234.8
234.8
-6,329.8
591.3
2047
246.4
246.4
-6,773.5
628.0
2048
257.8
257.8
-7,242.2
666.0
2049
269.6
269.6
-7,737.2
705.9
2050
282.1
282.1
-8,259.8
748.0
2051
295.0
295.0
-8,811.5
792.2
2052
308.6
308.6
-9,393.7
838.8
2053
322.3
322.3
-10,007.4
887.4
2054
336.4
336.4
-10,654.2
938.2
2055
351.1
351.1
-11,335.5
991.6
2056
365.7
365.7
-12,052.2
1,046.9
2057
380.6
380.6
-12,805.8
1,104.6
2058
396.0
396.0
-13,597.8
1,165.0
2059
411.7
411.7
-14,429.8
1,228.1
2060
427.9
427.9
-15,303.4
1,293.9
2061
444.4
444.4
-16,220.3
1,362.6
2062
461.5
461.5
-17,182.3
1,434.4
2063
479.3
479.3
-18,191.5
1,509.6
2064
497.6
497.6
-19,249.7
1,588.1
2065
516.3
516.3
-20,359.0
1,669.9
2066
535.5
535.5
-21,521.3
1,755.3
2067
555.3
555.3
-22,738.9
1,844.4
2068
575.8
575.8
-24,014.2
1,937.6
2069
597.0
597.0
-25,349.5
2,034.7
2070
618.5
618.5
-26,747.1
2,135.9
2071
640.7
640.7
-28,209.4
2,241.4
2072
663.3
663.3
-29,738.9
2,351.1
2073
686.9
686.9
-31,338.5
2,465.8
2074
711.0
711.0
-33,011.0
2,585.3
2075
735.7
735.7
-34,759.1
2,709.6
2076
760.9
760.9
-36,585.6
2,838.9
2077
786.7
786.7
-38,493.5
2,973.5
2078
813.5
813.5
-40,486.2
3,113.9
Based on Intermediate Assumptions of the 2003 Trustees Report.
Office of the Actuary
Social Security Administration
October 6, 2003
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