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Still ahead on World News. Drastic new plans for the postal service to save money. Hundreds of local post offices could soon be shut down. And sticker shock 값이 비싼데 놀람, family style. The eye-opening, wallet-busting, new price tag for raising a child. This is World News with Charles Gibson. Brought to you by Progressive.

 

A young man by the name of John Shepard was born today here in New York: 9-lb, 4-oz. He’s the brand new grandson of good friends of mine which is perhaps why the following story caught my eye.

The US government put out 발표하다 an estimate today that young John, if he’s an average baby, will cost his parents $291,570 by the time he finishes high school. $291,000 as if parenting weren’t scary enough.

 

And they tell young parents to start saving for college. How about the $291,000? Where’s that supposed to come from? And where does all the money go? A few percentages. The government says 32 percent of that $291,000 will be for housing. 16 percent for food. Probably higher for boys who would eat the dining room table if you let ‘em. Another 16 percent for childcare and education. And 14 percent for transportation. Those minivans used by the soccer moms 도시 교외에 살고, 학교에 다니는 아이가 있는 전형적인 중류 백인 어머니 take a lot of gas.

 

But this is all just money. Mom and dad’s love gets thrown in for free. It’s like those ads on TV. 18 years of housing, $93,000. 18 years of meals, $46,000. One smile from the baby or one hug when they’re older, priceless. So welcome, John Shepard, go easy on your folks. And try to make those sneakers last an extra year.

 

A new government review finds the financial situation at the US Postal Service has gone from bad to worse to much worse. And many postal offices are likely to be closed. 700 local post offices have been targeted for possible closing and that may just be the beginning. Here’s ABC’s Steve Osunsami.

 

Nearly all of the post offices likely to close are in urban areas. This would mean postal counters, sorting facilities, delivery routes, postal carriers, their vehicles. They would all be eliminated or consolidated 통합하다 to save costs. According to a government report, the US Postal Service is facing a deteriorating financial situation and is at high risk of failure, losing as much as $7 billion this fiscal year 회계연도.

Traditional mail is just not as popular as it used to be. Last year, volume fell by 9.5 billion pieces. It’s expected to drop another 28 billion pieces this year. Americans have turned to the Internet and they’re not looking back.

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