| |
Table UB'. Comparison of Direct (First-Order) Effects on the U.S. Government Unified Budget Balance of Changes in the Nontax Income, Outgo, and Investmentof the OASI, DI, and HI Trust Funds as a Result of Advisory Council Proposals
(all amounts in percentage of GDP)
| |
|
OASDI NonInt Income Less Outgo Plus Revenue to HI From Taxation of OASDI Benefits |
|
Change from Present Law Balance Between OASDI NonInt Income and Outgo |
|
Borrow from General Fund |
|
TF Net Equity Purchase |
|
Borrowing From the Public (without interest) |
| |
|
|
|
|
|
| Calendar |
|
|
|
|
|
=(9)-(5) |
|
=-(6) |
|
=(8)-(7) |
Year |
|
PL |
|
MB |
|
IA |
|
PSA |
|
MB |
|
IA |
|
PSA |
|
|
|
MB |
|
IA |
|
PSA |
| |
|
(1) |
|
(2) |
|
(3) |
|
(4)* |
|
(5) |
|
(6) |
|
(7)* |
|
(8) |
|
(9) |
|
(10) |
|
(11) |
|
(12) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 1998 |
|
0.49 |
|
0.55 |
|
0.53 |
|
-0.69 |
|
0.06 |
|
0.04 |
|
-1.18 |
|
|
|
|
|
-0.06 |
|
-0.04 |
|
1.18 |
| 1999 |
|
0.47 |
|
0.55 |
|
0.52 |
|
-0.79 |
|
0.09 |
|
0.06 |
|
-1.26 |
|
|
|
|
|
-0.09 |
|
-0.06 |
|
1.26 |
| 2000 |
|
0.45 |
|
0.58 |
|
0.53 |
|
-0.81 |
|
0.12 |
|
0.08 |
|
-1.27 |
|
|
|
0.27 |
|
0.14 |
|
-0.08 |
|
1.27 |
| 2001 |
|
0.45 |
|
0.61 |
|
0.55 |
|
-0.83 |
|
0.16 |
|
0.10 |
|
-1.28 |
|
|
|
0.29 |
|
0.13 |
|
-0.10 |
|
1.28 |
| 2002 |
|
0.44 |
|
0.64 |
|
0.57 |
|
-0.07 |
|
0.20 |
|
0.13 |
|
-0.51 |
|
0.77 |
|
0.31 |
|
0.11 |
|
-0.13 |
|
1.28 |
| 2003 |
|
0.43 |
|
0.66 |
|
0.60 |
|
-0.02 |
|
0.23 |
|
0.17 |
|
-0.45 |
|
0.81 |
|
0.33 |
|
0.10 |
|
-0.17 |
|
1.26 |
| 2004 |
|
0.42 |
|
0.69 |
|
0.64 |
|
-0.01 |
|
0.27 |
|
0.22 |
|
-0.43 |
|
0.81 |
|
0.35 |
|
0.08 |
|
-0.22 |
|
1.24 |
| 2005 |
|
0.42 |
|
0.73 |
|
0.68 |
|
-0.17 |
|
0.30 |
|
0.26 |
|
-0.60 |
|
0.62 |
|
0.38 |
|
0.08 |
|
-0.26 |
|
1.22 |
| 2006 |
|
0.43 |
|
0.76 |
|
0.72 |
|
-0.13 |
|
0.33 |
|
0.29 |
|
-0.56 |
|
0.62 |
|
0.41 |
|
0.08 |
|
-0.29 |
|
1.17 |
| 2007 |
|
0.43 |
|
0.78 |
|
0.75 |
|
-0.07 |
|
0.35 |
|
0.32 |
|
-0.50 |
|
0.62 |
|
0.44 |
|
0.09 |
|
-0.32 |
|
1.11 |
| 2008 |
|
0.41 |
|
0.76 |
|
0.75 |
|
-0.02 |
|
0.35 |
|
0.34 |
|
-0.44 |
|
0.62 |
|
0.46 |
|
0.10 |
|
-0.34 |
|
1.05 |
| 2009 |
|
0.37 |
|
0.73 |
|
0.74 |
|
0.02 |
|
0.36 |
|
0.36 |
|
-0.36 |
|
0.62 |
|
0.47 |
|
0.11 |
|
-0.36 |
|
0.97 |
| 2010 |
|
0.33 |
|
0.69 |
|
0.72 |
|
-0.14 |
|
0.37 |
|
0.39 |
|
-0.47 |
|
0.42 |
|
0.48 |
|
0.12 |
|
-0.39 |
|
0.89 |
| 2011 |
|
0.28 |
|
0.65 |
|
0.69 |
|
-0.09 |
|
0.37 |
|
0.41 |
|
-0.37 |
|
0.41 |
|
0.49 |
|
0.12 |
|
-0.41 |
|
0.78 |
| 2012 |
|
0.21 |
|
0.59 |
|
0.64 |
|
-0.07 |
|
0.38 |
|
0.44 |
|
-0.27 |
|
0.41 |
|
0.49 |
|
0.11 |
|
-0.44 |
|
0.69 |
| 2013 |
|
0.13 |
|
0.51 |
|
0.59 |
|
-0.03 |
|
0.39 |
|
0.47 |
|
-0.16 |
|
0.41 |
|
0.49 |
|
0.10 |
|
-0.47 |
|
0.57 |
| 2014 |
|
0.04 |
|
0.43 |
|
0.54 |
|
-0.01 |
|
0.39 |
|
0.50 |
|
-0.05 |
|
0.41 |
|
0.48 |
|
0.08 |
|
-0.50 |
|
0.46 |
| 2015 |
|
-0.06 |
|
0.34 |
|
0.48 |
|
-0.12 |
|
0.40 |
|
0.54 |
|
-0.06 |
|
0.29 |
|
-0.17 |
|
-0.57 |
|
-0.54 |
|
0.35 |
| 2016 |
|
-0.16 |
|
0.25 |
|
0.43 |
|
-0.09 |
|
0.40 |
|
0.59 |
|
0.06 |
|
0.29 |
|
-0.22 |
|
-0.62 |
|
-0.59 |
|
0.23 |
| 2017 |
|
-0.26 |
|
0.15 |
|
0.38 |
|
-0.07 |
|
0.41 |
|
0.64 |
|
0.19 |
|
0.29 |
|
-0.27 |
|
-0.67 |
|
-0.64 |
|
0.10 |
| 2018 |
|
-0.37 |
|
0.04 |
|
0.33 |
|
-0.06 |
|
0.41 |
|
0.70 |
|
0.31 |
|
0.29 |
|
-0.31 |
|
-0.73 |
|
-0.70 |
|
-0.02 |
| 2019 |
|
-0.48 |
|
-0.06 |
|
0.27 |
|
-0.04 |
|
0.42 |
|
0.75 |
|
0.43 |
|
0.29 |
|
-0.36 |
|
-0.78 |
|
-0.75 |
|
-0.15 |
| 2020 |
|
-0.58 |
|
-0.16 |
|
0.22 |
|
-0.06 |
|
0.42 |
|
0.80 |
|
0.52 |
|
0.26 |
|
-0.41 |
|
-0.83 |
|
-0.80 |
|
-0.26 |
| 2021 |
|
-0.68 |
|
-0.26 |
|
0.14 |
|
-0.06 |
|
0.42 |
|
0.83 |
|
0.63 |
|
0.26 |
|
-0.45 |
|
-0.88 |
|
-0.83 |
|
-0.37 |
| 2022 |
|
-0.78 |
|
-0.36 |
|
0.07 |
|
-0.06 |
|
0.43 |
|
0.85 |
|
0.73 |
|
0.26 |
|
-0.50 |
|
-0.92 |
|
-0.85 |
|
-0.47 |
| 2023 |
|
-0.88 |
|
-0.45 |
|
-0.01 |
|
-0.05 |
|
0.43 |
|
0.87 |
|
0.82 |
|
0.26 |
|
-0.54 |
|
-0.97 |
|
-0.87 |
|
-0.56 |
| 2024 |
|
-0.97 |
|
-0.54 |
|
-0.08 |
|
-0.05 |
|
0.43 |
|
0.89 |
|
0.91 |
|
0.26 |
|
-0.58 |
|
-1.01 |
|
-0.89 |
|
-0.66 |
| 2025 |
|
-1.05 |
|
-0.62 |
|
-0.14 |
|
-0.07 |
|
0.42 |
|
0.91 |
|
0.98 |
|
0.24 |
|
-0.62 |
|
-1.04 |
|
-0.91 |
|
-0.74 |
| 2026 |
|
-1.12 |
|
-0.70 |
|
-0.18 |
|
-0.07 |
|
0.42 |
|
0.94 |
|
1.06 |
|
0.24 |
|
-0.65 |
|
-1.07 |
|
-0.94 |
|
-0.82 |
| 2027 |
|
-1.18 |
|
-0.76 |
|
-0.21 |
|
-0.05 |
|
0.42 |
|
0.98 |
|
1.13 |
|
0.24 |
|
-0.68 |
|
-1.10 |
|
-0.98 |
|
-0.89 |
| 2028 |
|
-1.23 |
|
-0.82 |
|
-0.23 |
|
-0.04 |
|
0.42 |
|
1.01 |
|
1.20 |
|
0.24 |
|
-0.70 |
|
-1.11 |
|
-1.01 |
|
-0.96 |
| 2029 |
|
-1.27 |
|
-0.86 |
|
-0.23 |
|
-0.02 |
|
0.41 |
|
1.04 |
|
1.26 |
|
0.24 |
|
-0.72 |
|
-1.13 |
|
-1.04 |
|
-1.02 |
| 2030 |
|
-1.31 |
|
-0.90 |
|
-0.23 |
|
-0.15 |
|
0.40 |
|
1.07 |
|
1.16 |
|
0.08 |
|
-0.73 |
|
-1.13 |
|
-1.07 |
|
-1.08 |
| |
|
Accumulated Change in U.S. Government Borrowing From the Public (with interest) |
|
Interest on Additional U.S. Government Borrowing From the Public |
|
Net Change in Direct Effect on U.S. Government Unified Budget Balance |
| |
|
|
|
| |
|
|
|
|
|
|
|
|
| Calendar |
|
|
(as of 1-1) |
|
|
|
|
|
|
|
|
=(5)-(9)-(16) |
|
=(6)-(17) |
|
=(7)-(8)-(18) |
Year |
|
MB |
|
IA |
|
PSA |
|
MB |
|
IA |
|
PSA |
|
MB |
|
IA |
|
PSA |
| |
|
(13) |
|
(14) |
|
(15) |
|
(16) |
|
(17) |
|
(18) |
|
(19) |
|
(20) |
|
(21) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 1998 |
|
|
|
|
|
|
|
0.00 |
|
0.00 |
|
0.05 |
|
0.06 |
|
0.04 |
|
-1.23 |
| 1999 |
|
-0.06 |
|
-0.04 |
|
1.17 |
|
-0.01 |
|
-0.01 |
|
0.14 |
|
0.10 |
|
0.06 |
|
-1.40 |
| 2000 |
|
-0.15 |
|
-0.10 |
|
2.44 |
|
-0.01 |
|
-0.01 |
|
0.23 |
|
-0.14 |
|
0.09 |
|
-1.50 |
| 2001 |
|
-0.01 |
|
-0.18 |
|
3.73 |
|
0.00 |
|
-0.02 |
|
0.33 |
|
-0.13 |
|
0.12 |
|
-1.61 |
| 2002 |
|
0.12 |
|
-0.28 |
|
5.04 |
|
0.01 |
|
-0.03 |
|
0.42 |
|
-0.12 |
|
0.16 |
|
-1.71 |
| 2003 |
|
0.23 |
|
-0.41 |
|
6.38 |
|
0.02 |
|
-0.04 |
|
0.52 |
| |