Table 2b.cUnified Budget Effects
Year
|
Net Purchase or Sale (negative) of Equities
|
Balancing Tax Rate & Estate Tax (2010 only)
|
Other Changes in OASDI Cash Flow
|
Change in Annual Unified Budget Cash Flow
|
Change in Debt Held by Public (EOY)
|
Change in Annual Unified Budget Balance
|
(Billions of Constant 2004 Dollars)
|
2005
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
2006
|
20.0
|
0.0
|
1.9
|
-18.1
|
18.4
|
-18.6
|
2007
|
22.7
|
0.0
|
5.1
|
-17.6
|
36.6
|
-19.0
|
2008
|
25.4
|
0.0
|
8.3
|
-17.1
|
54.9
|
-19.6
|
2009
|
28.0
|
0.0
|
11.8
|
-16.2
|
72.8
|
-19.7
|
2010
|
31.9
|
22.1
|
16.5
|
6.6
|
68.1
|
2.8
|
2011
|
35.4
|
0.0
|
21.4
|
-13.9
|
84.0
|
-18.1
|
2012
|
38.4
|
0.0
|
26.5
|
-11.9
|
98.5
|
-16.9
|
2013
|
41.3
|
0.0
|
31.5
|
-9.8
|
111.1
|
-15.5
|
2014
|
44.0
|
0.0
|
36.2
|
-7.8
|
122.1
|
-14.3
|
2015
|
46.4
|
0.0
|
40.8
|
-5.6
|
131.3
|
-12.7
|
2016
|
48.5
|
0.0
|
45.4
|
-3.1
|
138.3
|
-10.6
|
2017
|
50.2
|
0.0
|
50.0
|
-0.2
|
142.6
|
-8.2
|
2018
|
51.5
|
0.0
|
54.3
|
2.8
|
144.0
|
-5.4
|
2019
|
52.1
|
0.0
|
58.6
|
6.6
|
141.7
|
-1.6
|
2020
|
52.1
|
0.0
|
63.0
|
10.8
|
135.0
|
2.9
|
2021
|
51.6
|
0.0
|
67.1
|
15.4
|
123.3
|
8.0
|
2022
|
50.8
|
0.0
|
71.4
|
20.6
|
106.2
|
14.0
|
2023
|
62.1
|
68.8
|
75.5
|
82.2
|
25.9
|
78.4
|
2024
|
61.9
|
69.9
|
79.6
|
87.7
|
-62.3
|
88.7
|
2025
|
61.2
|
71.0
|
83.4
|
93.3
|
-158.8
|
99.6
|
2026
|
2.5
|
72.2
|
87.3
|
157.1
|
-323.0
|
170.8
|
2027
|
-0.4
|
73.4
|
91.4
|
165.2
|
-500.3
|
188.7
|
2028
|
-3.1
|
74.5
|
95.3
|
172.9
|
-690.8
|
207.0
|
2029
|
-5.5
|
75.7
|
99.2
|
180.4
|
-894.6
|
225.7
|
2030
|
-7.8
|
76.9
|
102.7
|
187.5
|
-1,111.7
|
244.8
|
2031
|
-10.0
|
78.2
|
106.3
|
194.4
|
-1,342.4
|
264.6
|
2032
|
-11.9
|
79.4
|
110.0
|
201.4
|
-1,587.0
|
285.1
|
2033
|
-13.5
|
80.7
|
113.8
|
208.1
|
-1,845.8
|
306.2
|
2034
|
-14.8
|
82.0
|
117.4
|
214.3
|
-2,118.7
|
327.6
|
2035
|
-16.0
|
83.4
|
120.6
|
219.9
|
-2,405.4
|
349.2
|
2036
|
-16.8
|
84.7
|
123.7
|
225.3
|
-2,706.2
|
371.4
|
2037
|
-17.4
|
86.1
|
127.1
|
230.6
|
-3,021.4
|
394.3
|
2038
|
-17.7
|
87.6
|
130.4
|
235.6
|
-3,351.2
|
417.8
|
2039
|
-17.8
|
89.0
|
133.6
|
240.4
|
-3,695.7
|
441.9
|
2040
|
-18.1
|
90.4
|
135.7
|
244.2
|
-4,054.4
|
465.8
|
2041
|
-18.4
|
91.8
|
137.6
|
247.8
|
-4,427.6
|
490.3
|
2042
|
-18.6
|
93.2
|
139.7
|
251.6
|
-4,815.7
|
515.8
|
2043
|
-18.9
|
94.7
|
141.9
|
255.5
|
-5,219.5
|
542.4
|
2044
|
-19.5
|
96.1
|
142.5
|
258.0
|
-5,638.0
|
568.4
|
2045
|
-20.3
|
97.4
|
141.9
|
259.6
|
-6,070.6
|
594.3
|
2046
|
-21.2
|
98.7
|
141.2
|
261.1
|
-6,517.7
|
621.0
|
2047
|
-22.1
|
100.1
|
140.6
|
262.8
|
-6,980.0
|
648.7
|
2048
|
-23.0
|
101.4
|
140.2
|
264.6
|
-7,458.0
|
677.4
|
2049
|
-24.1
|
102.7
|
139.5
|
266.4
|
-7,952.0
|
706.9
|
2050
|
-25.4
|
104.1
|
138.3
|
267.8
|
-8,462.4
|
737.1
|
2051
|
-27.0
|
105.5
|
136.8
|
269.3
|
-8,989.5
|
768.2
|
2052
|
-28.6
|
106.8
|
135.6
|
271.1
|
-9,534.3
|
800.6
|
2053
|
-30.3
|
108.3
|
134.5
|
273.1
|
-10,097.5
|
834.3
|
2054
|
-32.1
|
109.7
|
133.4
|
275.1
|
-10,679.7
|
869.1
|
2055
|
-34.1
|
111.1
|
131.9
|
277.1
|
-11,281.3
|
904.9
|
2056
|
-36.1
|
112.6
|
130.4
|
279.1
|
-11,902.9
|
941.9
|
2057
|
-38.2
|
114.0
|
129.0
|
281.3
|
-12,545.5
|
980.2
|
2058
|
-40.3
|
115.5
|
127.8
|
283.6
|
-13,209.7
|
1,019.9
|
2059
|
-42.3
|
117.0
|
126.7
|
286.0
|
-13,896.2
|
1,060.9
|
2060
|
-44.4
|
118.5
|
125.4
|
288.3
|
-14,605.7
|
1,103.1
|
2061
|
-46.6
|
120.1
|
124.1
|
290.7
|
-15,338.9
|
1,146.7
|
2062
|
-48.8
|
121.6
|
122.9
|
293.4
|
-16,096.8
|
1,192.0
|
2063
|
-51.3
|
123.2
|
121.8
|
296.3
|
-16,880.4
|
1,239.0
|
2064
|
-53.6
|
124.8
|
120.7
|
299.1
|
-17,690.3
|
1,287.4
|
2065
|
-55.8
|
126.4
|
119.8
|
302.0
|
-18,527.5
|
1,337.4
|
2066
|
-58.1
|
128.1
|
118.9
|
305.1
|
-19,393.0
|
1,389.1
|
2067
|
-60.5
|
129.7
|
118.1
|
308.3
|
-20,287.7
|
1,442.7
|
2068
|
-62.7
|
131.5
|
117.3
|
311.5
|
-21,212.4
|
1,497.9
|
2069
|
-64.9
|
133.2
|
116.5
|
314.6
|
-22,168.1
|
1,554.8
|
2070
|
-67.1
|
134.9
|
116.1
|
318.1
|
-23,155.9
|
1,613.8
|
2071
|
-69.2
|
136.7
|
115.7
|
321.6
|
-24,177.0
|
1,674.7
|
2072
|
-71.4
|
138.5
|
115.3
|
325.1
|
-25,232.3
|
1,737.6
|
2073
|
-73.6
|
140.3
|
114.8
|
328.7
|
-26,322.9
|
1,802.6
|
2074
|
-75.9
|
142.1
|
114.4
|
332.4
|
-27,449.9
|
1,869.6
|
2075
|
-78.2
|
143.9
|
114.3
|
336.4
|
-28,614.8
|
1,939.2
|
2076
|
-80.5
|
145.8
|
114.2
|
340.5
|
-29,818.8
|
2,010.9
|
2077
|
-82.8
|
147.7
|
114.1
|
344.6
|
-31,063.1
|
2,085.1
|
2078
|
-85.2
|
149.6
|
114.1
|
348.8
|
-32,348.9
|
2,161.6
|
2079
|
-87.6
|
151.5
|
114.0
|
353.2
|
-33,677.8
|
2,240.7
|
Based on Intermediate Assumptions of the 2004 Trustees Report
With Ultimate Real Trust Fund Yield Rate of 3.0
With Ultimate Real Treasury Bond Yield Rate of 3.0
Office of the Chief Actuary
Social Security Administration
April 13, 2005