Raising kids costs more than $300,000

According to a new projection from the Brookings Institution think tank, it now costs more than $300,000 to raise a child through the age of 18 — upwards of $18,000 per year. That's a staggering 30% increase in just 5 years. What gives?

Roben Farzad, host of public radio's "Full Disclosure," unpacks it all with Here & Now's Scott Tong.