Calendar Year | Tax Revenues | Outlays with Scheduled Benefits | Outlays with Payable Benefits |
2017 | 4.70 | 4.91 | 4.91 |
2018 | 4.54 | 4.95 | 4.95 |
2019 | 4.53 | 4.98 | 4.98 |
2020 | 4.55 | 5.10 | 5.10 |
2021 | 4.58 | 5.23 | 5.23 |
2022 | 4.60 | 5.33 | 5.33 |
2023 | 4.61 | 5.46 | 5.46 |
2024 | 4.61 | 5.57 | 5.57 |
2025 | 4.62 | 5.68 | 5.68 |
2026 | 4.66 | 5.78 | 5.78 |
2027 | 4.66 | 5.89 | 5.89 |
2028 | 4.67 | 6.01 | 6.01 |
2029 | 4.68 | 6.06 | 6.06 |
2030 | 4.68 | 6.13 | 6.13 |
2031 | 4.67 | 6.16 | 6.16 |
2032 | 4.62 | 6.20 | 4.62 |
2033 | 4.60 | 6.22 | 4.60 |
2034 | 4.57 | 6.25 | 4.57 |
This is really good news. I'm not going to repeat the reasons why this would cause a major crisis, but this is really the end of the road, and its good that we have another year breathing room to try to figure out a solution.
I like to make wild inaccurate projections, so lets put a revised date on when this sucker is going down. Sept 6, 2032 it is. You heard it here first. Instead of mocking it, why not try to figure out if our system is sustainable indefinitely or how to fix it if it is not?
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