The report, "Taming the Deficit: Saving our Children from Themselves," shows that the projected debt burden is not a matter of money transferred from younger generations to older generations. Rather, this figure is a measure of debt that is largely costs that young people are expected to run up. The authors of the study point out that projections of private-sector health care costs are likely to grow considerably larger in the near future. These costs will become unsustainable if they continue to rise at the rates we see under the current structure of existing programs.
The study analyzes projected lifetime benefits for eight age cohorts from those aged 55-64 through those born in the years between 2013-22. The findings show that each cohort is projected to receive benefits that far more than its tax burden. In other words, the main reason future benefits are projected to exceed the taxes paid by today's young and those yet-to-be-born is that private health care costs in the U.S. are projected to vastly outpace the rate of income growth.