WASHINGTON, Dec. 5 -- Sen. Peter Welch issued the following press release:
U.S. Senator Peter Welch (D-Vt.), a member of the Senate Finance Committee, and U.S. Senator Rick Scott (R-Fla.) this week introduced the Multigenerational Home Caregiver Credit Act, bipartisan legislation to address the nationwide aging crisis and combat skyrocketing health care costs by creating a $2,000 tax credit for adults caring for an older family member within the same residence. The Senators' legislation will promote dignified, compassionate aging in place and support new and current generations of caregivers by incentivizing in-home and intergenerational caregiving.
"We can always do more to meet the needs of aging Americans, and supporting the family ca...