Table 1.1b Unified Budget Effects of Proposal
Year
Changes
in OASDI
Cash Flow
Change in
Annual Unified
Budget Cash Flow
Change in Debt
Held by Public
(end of year)
Change in
Annual Unified
Budget Balance
(Billions of Constant 2003 Dollars)
2004
1.8
1.8
-1.9
1.9
2005
4.8
4.8
-6.8
5.1
2006
8.0
8.0
-15.2
8.7
2007
11.0
11.0
-26.8
12.2
2008
14.2
14.2
-42.1
16.3
2009
17.5
17.5
-61.2
20.6
2010
20.6
20.6
-84.0
25.0
2011
25.1
25.1
-112.1
31.0
2012
26.9
26.9
-142.9
34.5
2013
30.0
30.0
-177.7
39.5
2014
33.2
33.2
-216.7
44.9
2015
36.3
36.3
-260.1
50.5
2016
39.3
39.3
-307.9
56.2
2017
42.4
42.4
-360.1
62.1
2018
45.4
45.4
-417.1
68.4
2019
48.5
48.5
-478.8
75.0
2020
51.5
51.5
-545.4
81.8
2021
54.7
54.7
-617.3
89.1
2022
57.7
57.7
-694.4
96.5
2023
60.8
60.8
-776.9
104.3
2024
63.7
63.7
-864.9
112.3
2025
66.8
66.8
-958.6
120.7
2026
69.7
69.7
-1,058.1
129.3
2027
72.7
72.7
-1,163.6
138.4
2028
75.8
75.8
-1,275.4
147.9
2029
78.7
78.7
-1,393.6
157.6
2030
81.6
81.6
-1,518.2
167.7
2031
84.5
84.5
-1,649.5
178.2
2032
87.4
87.4
-1,787.7
189.0
2033
90.3
90.3
-1,933.0
200.3
2034
93.1
93.1
-2,085.5
211.9
2035
95.9
95.9
-2,245.3
223.9
2036
98.6
98.6
-2,412.7
236.3
2037
99.6
99.6
-2,586.2
247.4
2038
305.7
305.7
-2,974.0
470.1
2039
309.5
309.5
-3,377.4
497.3
2040
313.3
313.3
-3,796.7
525.4
2041
317.0
317.0
-4,232.3
554.4
2042
320.7
320.7
-4,684.8
584.3
2043
324.4
324.4
-5,154.6
615.2
2044
328.0
328.0
-5,642.1
647.2
2045
331.4
331.4
-6,147.6
679.9
2046
334.8
334.8
-6,671.9
713.8
2047
338.2
338.2
-7,215.3
748.8
2048
341.8
341.8
-7,778.6
785.0
2049
345.2
345.2
-8,362.3
822.3
2050
348.5
348.5
-8,966.9
860.8
2051
351.9
351.9
-9,593.0
900.5
2052
355.4
355.4
-10,241.5
941.7
2053
359.0
359.0
-10,913.1
984.3
2054
362.6
362.6
-11,608.5
1,028.3
2055
366.4
366.4
-12,328.6
1,073.9
2056
370.1
370.1
-13,074.1
1,121.0
2057
374.0
374.0
-13,845.8
1,169.7
2058
378.0
378.0
-14,644.9
1,220.2
2059
382.2
382.2
-15,472.1
1,272.4
2060
386.4
386.4
-16,328.4
1,326.5
2061
390.8
390.8
-17,214.9
1,382.3
2062
395.2
395.2
-18,132.4
1,440.0
2063
399.7
399.7
-19,082.0
1,499.7
2064
404.3
404.3
-20,064.8
1,561.5
2065
409.0
409.0
-21,081.8
1,625.3
2066
413.7
413.7
-22,134.1
1,691.2
2067
418.4
418.4
-23,222.8
1,759.2
2068
423.3
423.3
-24,349.1
1,829.5
2069
428.2
428.2
-25,514.2
1,902.2
2070
433.3
433.3
-26,719.3
1,977.3
2071
438.3
438.3
-27,965.6
2,054.7
2072
443.4
443.4
-29,254.6
2,134.8
2073
448.6
448.6
-30,587.5
2,217.5
2074
453.9
453.9
-31,965.8
2,303.0
2075
459.3
459.3
-33,390.9
2,391.2
2076
464.8
464.8
-34,864.3
2,482.4
2077
470.3
470.3
-36,387.5
2,576.5
2078
475.9
475.9
-37,962.1
2,673.7
Based on Intermediate Assumptions of the 2003 Trustees Report
With Ultimate Real Trust Fund Interest Rate of 3.0
Office of the Actuary
Social Security Administration
September 29, 2003
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