Clinton proposing tax credit to help with heath care costs

“Clinton believes that it is time to reform our tax policies, Social Security system, and work-family policies, to support paid and unpaid caregivers and to recognize their fundamental contributions to families and to America”. “The credit would help family members offset up to $6,000 in caregiving costs for their elderly family members”.

In a similar town hall in New Hampshire in July, Clinton described what she called a “care-giving crisis” and said government programs need to do more to help.

Bernie Sanders on Sunday characterized Hillary Clintons latest tax plans as tentative half-steps that sound Republican-lite, escalating the sparring between the Democratic presidential campaigns over their respective commitments to helping the middle class. He’s 52, a part-time librarian from Brookline, N.H. – and he works part-time so that he can care for his mother, who has Alzheimer’s.

“I go after not just the banks”, Clinton told the crowd, pledging a tough approach to regulating the industry despite receiving tens of millions of dollars in speaking fees, donations to the Clinton family foundation and campaign cash from Wall Street in her career.

Clinton also is proposing a recalculation of Social Security benefits for caregivers.

Clinton also acknowledged high out-of-pocket costs and deductibles that she says are a problem with the Affordable Care Act. Under legislation he previously introduced, his campaign acknowledges that taxes would increase on the middle class, but his aides argue that the overall cost of health care to would be lower because people would no longer pay premiums or deductibles.

Former Maryland governor Martin O’Malley, meanwhile, broadly escalated his rhetoric against his Democratic opponents. This summer, Clinton hosted a roundtable with home health-care workers represented by the Service Employees global Union, promising to focus on the often overlooked vocation.

A fact sheet provided to reporters said, “As president, Clinton will go beyond President Obama’s Caregiver Respite budget request – investing $100 million in the initiative over 10 years”.

During a campaign rally here that drew close to 2,600 people, Sanders touted the bill, which is sponsored by Kirsten Gillibrand, Clintons successor as a senator from NY.

The cost of her plan would be $10 billion over 10 years, the campaign says.

Under Sanders’ proposal, Medicaid and the Children’s Health Insurance Program would be absorbed by the new single-payer system and be run by the states under federal rules.