U.S. Faces 20-Year Countdown to Debt Crisis as Boomer Spending Dominates Budget

Philadelphia, Sunday, 21 June 2026.
A Penn Wharton study reveals a stark generational divide: the U.S. spends 10x more per retiree than per child, risking a debt-to-GDP ratio of 210% by 2045. With Social Security and Medicare draining 38% of federal outlays, experts warn of a Liz Truss-style market meltdown within a decade if reforms are delayed.