May 13, 2025

Trump's $5,0000 for a new baby is not close to what's needed

 The Guardian -  In theory, Savannah Downing would love to be a mom. At 24, the Texan actor and content creator is nearing the age at which her mother had kids. Some of her friends are starting families. But having children in the United States is wildly expensive – and so when she saw the news that the Trump administration was considering giving out $5,000 “baby bonuses” to convince women to have kids, Downing was incensed.

“Maybe people will want to have children more often if we weren’t struggling to find jobs, struggling to pay our student loans, struggling to pay for food,” she said. “Five thousand dollars doesn’t even begin to even cover childcare for one month. It just seems really ridiculous.”....

Although the cost of raising a child in the US varies greatly depending on factors such as geography, income level and family structure, a middle-class family with dual incomes can expect to spend somewhere between $285,000 and $311,000 raising a child born in 2015, a 2022 analysis by the Brookings Institute found. That analysis doesn’t factor in the price of college tuition, which also varies but, as of last year, cost about $11,600 a year at an in-state, public university.

The cost of merely giving birth is more expensive in the US than in almost any other country on the planet. An uncomplicated birth covered by private insurance. which is basically the best-case scenario for US parents, tends to cost about $3,000, according to Abigail Leonard’s new book Four Mothers

 

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