Based on the amount of debt, inflation may exceed 2-3%, and there will be complaints. To fix the debt load, a combination of inflation, taxes, and spending cuts

Based on the amount of debt, inflation may exceed 2-3%, and there will be complaints. To fix the debt load, a combination of inflation, taxes, and spending cuts will be needed. Additionally, the intergenerational transfer of wealth from Boomers to Millennials and Zoomers will occur over the next 20ish years as Boomers die off. This wealth transfer could be used to increase tax revenues. One tax that could be raised would be the estate tax, which would be unpopular among the wealthy, but if lowered to 1MM-1.5MM (maybe 10% rate) and over 50MM (50% rate) would help to fill the deficit. The more likely scnario is the government allows higher inflation rates and we have a bag of cheetos costing $10 in <10 years.