Proposed Provision: E3.6. Increase the taxable maximum each year by an additional 2 percent beginning in 2019 until taxable earnings equal 90 percent of covered earnings. Do not provide benefit credit for additional earnings taxed.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2016 | 303 | 303 |
| 2017 | 293 | 293 |
| 2018 | 277 | 277 |
| 2019 | 262 | 262 |
| 2020 | 246 | 247 |
| 2021 | 231 | 232 |
| 2022 | 216 | 217 |
| 2023 | 200 | 202 |
| 2024 | 183 | 186 |
| 2025 | 165 | 171 |
| 2026 | 149 | 155 |
| 2027 | 132 | 140 |
| 2028 | 115 | 125 |
| 2029 | 98 | 111 |
| 2030 | 81 | 96 |
| 2031 | 64 | 81 |
| 2032 | 46 | 66 |
| 2033 | 27 | 51 |
| 2034 | 8 | 35 |
| 2035 | -11 | 20 |
| 2036 | -30 | 4 |
| 2037 | -50 | -12 |
| 2038 | -71 | -29 |
| 2039 | -91 | -45 |
| 2040 | -112 | -61 |
| 2041 | -133 | -78 |
| 2042 | -154 | -94 |
| 2043 | -176 | -110 |
| 2044 | -197 | -126 |
| 2045 | -218 | -142 |
| 2046 | -240 | -157 |
| 2047 | -262 | -173 |
| 2048 | -283 | -189 |
| 2049 | -305 | -204 |
| 2050 | -327 | -220 |
| 2051 | -349 | -235 |
| 2052 | -371 | -250 |
| 2053 | -393 | -265 |
| 2054 | -415 | -280 |
| 2055 | -437 | -295 |
| 2056 | -460 | -310 |
| 2057 | -482 | -326 |
| 2058 | -506 | -341 |
| 2059 | -529 | -358 |
| 2060 | -553 | -374 |
| 2061 | -578 | -391 |
| 2062 | -603 | -408 |
| 2063 | -628 | -426 |
| 2064 | -654 | -444 |
| 2065 | -680 | -462 |
| 2066 | -706 | -481 |
| 2067 | -733 | -500 |
| 2068 | -760 | -519 |
| 2069 | -788 | -539 |
| 2070 | -816 | -559 |
| 2071 | -845 | -580 |
| 2072 | -874 | -601 |
| 2073 | -905 | -623 |
| 2074 | -935 | -645 |
| 2075 | -967 | -668 |
| 2076 | -1000 | -692 |
| 2077 | -1033 | -716 |
| 2078 | -1068 | -741 |
| 2079 | -1102 | -766 |
| 2080 | -1138 | -791 |
| 2081 | -1173 | -817 |
| 2082 | -1208 | -842 |
| 2083 | -1243 | -868 |
| 2084 | -1279 | -893 |
| 2085 | -1314 | -919 |
| 2086 | -1349 | -944 |
| 2087 | -1384 | -969 |
| 2088 | -1419 | -995 |
| 2089 | -1455 | -1021 |
| 2090 | -1491 | -1048 |
| 2091 | -1528 | -1075 |
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