Trump’s Budget Plan Favors Elderly at the Expense of Younger Generations

Younger Americans face significant financial setbacks under the proposed budget plan, which disproportionately benefits older generations. The legislation includes modest perks for parents, students, and hourly workers but masks DEEP cuts and a $3 trillion debt surge. Analysts warn this will erode future earnings, spike interest rates, and burden youth with higher mortgages and taxes.

The $36.2 trillion federal debt WOULD balloon, diverting future government spending from youth programs to debt servicing. Penn Wharton's model reveals stark generational inequity: a typical 40-year-old loses $7,500 lifetime, while a 70-year-old gains $17,500. "Future generations are left holding the bag," says Kent Smetters.

Young workers suffer doubly—they gain less from income tax cuts due to lower earnings, while facing reduced student aid and Medicaid funding. With Medicaid covering 40% of US births, cuts hit young families immediately. Jessica Riedl of the Manhattan Institute notes, "Short-term benefits tilt sharply toward higher earners."