America's $38 trillion national debt 'exacerbates generational imbalances,' warns think tank, with Gen Z and Millennials paying the price

America's $38 trillion national debt 'exacerbates generational imbalances,' warns think tank, with Gen Z and Millennials paying the price

"Without significant policy changes to reduce debt growth, future generations will inherit a budget where significant resources are locked into servicing past borrowing," the think tank wrote.

America's $38 trillion national debt will exacerbate generational imbalance, says think tank

The United States’ current borrowing trajectory will place an “undue burden on future generations,” an economic think tank has warned, with younger generations facing a higher interest rate environment, slower economic growth, and stalling wage increases. The latest research from the American…