Proposed Provision: Tax Social Security benefits in a manner similar to private pension income beginning in 2010. Phase out the lower-income thresholds during 2010-2029.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2009 | 354 | 354 |
| 2010 | 360 | 360 |
| 2011 | 366 | 367 |
| 2012 | 369 | 370 |
| 2013 | 367 | 370 |
| 2014 | 364 | 368 |
| 2015 | 359 | 365 |
| 2016 | 354 | 361 |
| 2017 | 347 | 355 |
| 2018 | 338 | 348 |
| 2019 | 327 | 339 |
| 2020 | 315 | 330 |
| 2021 | 302 | 319 |
| 2022 | 289 | 308 |
| 2023 | 275 | 296 |
| 2024 | 260 | 284 |
| 2025 | 244 | 270 |
| 2026 | 227 | 256 |
| 2027 | 209 | 241 |
| 2028 | 191 | 226 |
| 2029 | 173 | 209 |
| 2030 | 153 | 193 |
| 2031 | 133 | 175 |
| 2032 | 113 | 158 |
| 2033 | 92 | 140 |
| 2034 | 71 | 121 |
| 2035 | 50 | 102 |
| 2036 | 29 | 83 |
| 2037 | 7 | 64 |
| 2038 | -16 | 44 |
| 2039 | -38 | 24 |
| 2040 | -61 | 5 |
| 2041 | -83 | -16 |
| 2042 | -106 | -36 |
| 2043 | -129 | -56 |
| 2044 | -152 | -77 |
| 2045 | -175 | -97 |
| 2046 | -199 | -118 |
| 2047 | -222 | -139 |
| 2048 | -246 | -160 |
| 2049 | -270 | -181 |
| 2050 | -294 | -202 |
| 2051 | -318 | -224 |
| 2052 | -342 | -246 |
| 2053 | -366 | -267 |
| 2054 | -391 | -290 |
| 2055 | -415 | -312 |
| 2056 | -440 | -334 |
| 2057 | -466 | -357 |
| 2058 | -491 | -380 |
| 2059 | -517 | -404 |
| 2060 | -544 | -428 |
| 2061 | -570 | -452 |
| 2062 | -598 | -477 |
| 2063 | -625 | -502 |
| 2064 | -653 | -528 |
| 2065 | -681 | -554 |
| 2066 | -710 | -580 |
| 2067 | -739 | -606 |
| 2068 | -768 | -633 |
| 2069 | -798 | -661 |
| 2070 | -828 | -688 |
| 2071 | -859 | -717 |
| 2072 | -890 | -745 |
| 2073 | -922 | -775 |
| 2074 | -954 | -804 |
| 2075 | -987 | -835 |
| 2076 | -1020 | -865 |
| 2077 | -1054 | -897 |
| 2078 | -1089 | -928 |
| 2079 | -1124 | -961 |
| 2080 | -1159 | -994 |
| 2081 | -1195 | -1027 |
| 2082 | -1232 | -1061 |
| 2083 | -1270 | -1096 |
| 2084 | -1308 | -1131 |
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