P. Scott Shearer, Vice President

June 25, 2012

1 Min Read
Child Born in 2011 will Cost Over $230,000 to Raise

According to USDA’s annual report, “Expenditures on Children by Families,” a middle-income family with a child born in 2011 will spend approximately $234,900 for food, shelter, and other necessities to raise the child over the next 17 years.  This is an increase of 3.5% over 2010.  Housing costs are the largest expenditure averaging 30% of the total over 17 years.  Child care and education and food were the next largest expenses, accounting for 18% and 16% of the total cost over 17 years.

About the Author(s)

P. Scott Shearer

Vice President, Bockorny Group, Inc.

Scott Shearer is vice president of the Bockorny Group Inc., a leading bipartisan government affairs consulting firm in Washington, D.C. With more than 30 years experience in government and corporate relations in state and national arenas, he is recognized as a leader in agricultural trade issues, having served as co-chairman of the Agricultural Coalition for U.S.-China Trade and co-chairman of the Agricultural Coalition for Trade Promotion Authority. Scott was instrumental in the passage of China Permanent Normal Trade Relations and TPA. He is past chairman of the USDA-USTR Agricultural Technical Advisory Committee for Trade in Animals and Animal Products and was a member of the USAID Food Security Advisory Committee. Prior to joining the Bockorny Group, Scott served as director of national relations for Farmland Industries Inc., as well as USDA’s Deputy Assistant Secretary for Congressional Affairs (1993-96), serving as liaison for the Secretary of Agriculture and the USDA to Congress.

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