A teenager asks: Who'll pay the national debt?

This week a 13-year-old reader from Topeka wants to know: What is the government going to do about paying down the gigantic national debt? We wish we had a better answer. Another asks: What happens if investors stop buying all our debt?

I'm really worried about the national debt. Our country owes over $8 trillion. Trillion! I live in Topeka, Kan. and although I'm just 13 years old, I know that I'm going to be part of the millions of people who are going to be paying for this debt (if we ever pay it off). I want to know how the government plans to help us solve this huge problem.
- Leobardo E., Topeka, Kan.

Leobardo has a good reason to be concerned as the debt will have to be paid by his generation and by his children and grandchildren. He wants to know how the government plans to help. The answer is the government is not going to help. The Fed is will continue to defer debt repayment today by creating more debt for Leobardo and his descendants.