On the recordMarch 9, 2000
Long-term tax credits may seem like a dull topic. But the expenses of caring for an ailing family member are shocking. Millions of people bear these expenses every day, without any help. Here's a typical example: A state legislator from Ohio named Barbara Boyd testified before my Special Committee on Aging last year. Ms. Boyd cared at home for her mother who had Alzheimer's disease and breast cancer. Her mother had $20,000 in savings and a monthly Social Security check. That went quickly. Prescription drugs alone ran $400 a month. Antibiotics, ointments to prevent skin breakdown, incontinence supplies and other expenses cost hundreds of dollars a month. Ms. Boyd exhausted her own savings to care for her mother, and exhausted herself. She isn't complaining. Family caregivers don't complain. But we can and should use the tax code to ease their burden. Yesterday a bipartisan group of legislators, and two prominent groups--AARP and the Health Insurance Association of America, announced a consensus agreement on a legislative package to help people with a variety of long-term care needs.
Source
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