The Impact of Federal Health Care Reform on Young Adults in Washington State
The biggest impact on the younger generation is the high level of deficit spending by the federal government. Deficits simply pass the government’s current cost from the older generation to the younger. The 18- to 34-year-olds are already facing an unfunded liability burden from Social Security and Medicare of more than $100 trillion. The new federal health care law will continue to add to this liability, and will adversely affect the younger generation’s standard of living and quality of life.