New research from AARP shows that nearly 8 in 10 of those caring for an adult family member (78%) are facing regular out-of-pocket costs, with the highest burden falling on younger caregivers and those who are Hispanic/Latino or African American.

AARP released the following statement from Nancy A. LeaMond, AARP Executive Vice President and Chief Advocacy & Engagement Officer in response to the introduction of the Better Care Better Jobs Act, a bill to provide up to $400 billion for home and community-based services:

AARP has endorsed the Credit for Caring Act, bipartisan legislation that would provide up to a $5,000 nonrefundable federal tax credit for eligible working family caregivers. The bill was introduced today in the Senate by Senators Joni Ernst (R-IA), Michael Bennet (D-CO), Shelley Moore Capito (R-WV), and Elizabeth Warren (D-MA) and in the House by Representative Linda Sánchez (D-CA).

AARP and Blue Star Families will host a virtual town hall today at 3 p.m. ET to discuss the financial and emotional challenges facing the 5.5 million veteran and military caregivers across the country.

AARP CEO Jo Ann Jenkins released the following statement in response to President Biden’s address to Congress this evening