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Cost to Raise a Child in US Continues to Rise

The cost of raising a child in the United States continues to rise. In its latest annual report, the U.S. Department of Agriculture says middle income families with a child born in 2013 can expect to spend more than $240,000 before that child turns 18. And sending that child to college more than doubles that amount. A visit with a couple with one child in Alexandria, Virginia, shed some light on whether or not the report reflects their lifestyle. Eddie Byrd, and his wife Gabriela, who...

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