Table 3.2

Table 3.2 Social Security (OASDI) Net Cash Flow * (Purchase and Sale of Assets) Under the Plan Specified in the President's State of the Union Speech on Jan 19, 1999
  Present Law Proposal Specified
Transfer to OASDI Trust Funds		 Net Purchase (Sale) of Assets*
Calendar
Year		 OASDI Net
Cash Flow		 Total Bonds Stock Total Bonds Stock Percent
Stock
  (percent of GDP) (percent of GDP)  
2000 0.6 0.9 0.7 0.2 1.5 1.3 0.2 12.6
2001 0.6 0.7 0.6 0.1 1.3 1.1 0.1 11.6
2002 0.5 0.9 0.7 0.2 1.4 1.2 0.2 13.0
2003 0.5 0.8 0.7 0.2 1.3 1.2 0.2 13.0
2004 0.5 1.0 0.8 0.2 1.4 1.2 0.2 14.0
2005 0.4 1.0 0.8 0.2 1.5 1.3 0.2 14.6
2006 0.4 1.2 1.0 0.3 1.6 1.4 0.3 15.7
2007 0.4 1.4 1.1 0.3 1.7 1.5 0.3 16.4
2008 0.3 1.5 1.2 0.3 1.8 1.5 0.3 17.2
2009 0.3 1.6 1.3 0.3 1.9 1.6 0.3 18.0
2010 0.2 1.7 1.4 0.4 1.9 1.6 0.4 18.7
2011 0.1 1.8 1.4 0.4 1.9 1.5 0.4 19.4
2012 0.1 1.8 1.4 0.4 1.9 1.5 0.4 20.3
2013 0.0 1.8 1.4 0.4 1.8 1.4 0.4 21.5
2014 -0.1 1.8 1.4 0.4 1.6 1.3 0.4 22.8
2015 -0.3 -0.3 0.0 -0.2 90.9      
2016 -0.4 -0.4 -0.1 -0.3 66.6      
2017 -0.5 -0.5 -0.2 -0.3 53.7      
2018 -0.6 -0.6 -0.3 -0.3 45.9      
2019 -0.8 -0.8 -0.4 -0.3 40.7      
2020 -0.9 -0.9 -0.6 -0.3 37.0      
2021 -1.0 -1.0 -0.7 -0.3 34.2      
2022 -1.1 -1.1 -0.7 -0.4 32.3      
2023 -1.2 -1.2 -0.8 -0.4 30.7      
2024 -1.3 -1.3 -0.9 -0.4 29.2      
2025 -1.4 -1.4 -1.0 -0.4 28.0      
2026 -1.5 -1.5 -1.1 -0.4 26.9      
2027 -1.6 -1.6 -1.2 -0.4 26.1      
2028 -1.7 -1.7 -1.3 -0.4 25.3      
2029 -1.7 -1.7 -1.3 -0.4 24.7      
2030 -1.8 -1.8 -1.4 -0.4 24.2      
2031 -1.8 -1.8 -1.4 -0.4 23.7      
2032 -0.7 -1.9 -1.4 -0.4 23.3      
2033   -1.9 -1.5 -0.4 22.8      
2034   -1.9 -1.5 -0.4 22.5      
2035   -1.9 -1.5 -0.4 22.1      
2036   -1.9 -1.5 -0.4 21.8      
2037   -1.9 -1.5 -0.4 21.5      
2038   -1.9 -1.5 -0.4 21.2      
2039   -1.9 -1.5 -0.4 20.9      
2040   -1.9 -1.5 -0.4 20.6      
2041   -1.9 -1.5 -0.4 20.3      
2042   -1.8 -1.5 -0.4 20.0      
2043   -1.8 -1.5 -0.4 19.6      
2044   -1.8 -1.5 -0.4 19.3      
2045   -1.8 -1.5 -0.3 18.9      
2046   -1.8 -1.5 -0.3 18.5      
2047   -1.8 -1.5 -0.3 18.1      
2048   -1.8 -1.5 -0.3 17.7      
2049   -1.9 -1.5 -0.3 17.3      
2050   -1.9 -1.6 -0.3 16.8      
2051   -1.9 -1.6 -0.3 16.4      
2052   -1.9 -1.6 -0.3 15.9      
2053   -1.9 -1.6 -0.3 15.5      
2054   -1.9 -1.7 -0.3 15.0      
2055   -0.8 -0.7 -0.1 15.0      
NOTE: Sale of assets would likely be reduced by additional changes to fully eliminate the actuarial deficit.
* Net cash flow (net purchase and sale of assets) excludes interest, capital gains, and dividends, which are assumed to be reinvested until assets are needed to pay benefits.
All estimates are based on the intermediate assumptions of the 1998 Trustees Report.
OCACT/SSA 2/11/99