Presidential candidate Sen.Amy Klobuchar unveiled a new plan Friday to help seniors that includes more support for people with Alzheimer’s disease and their caregivers.
Klobuchar, a Democrat from Minnesota, has a history of Alzheimer’s disease in her family and has championed various bills related to the ailment, or its symptoms. Her 91-year-old father is in a memory care facility and for that reason, the issue is personal for the Minnesota senator.
According to her, the plan would provide new funding for research into the Alzheimer’s disease and aims to develop a cure and treatment by 2025. The proposal would also create a refundable tax credit to help with long-term care costs, whether it’s care at home or in a nursing facility.
Klobuchar’s plan aims to put between $100 billion and $150 billion toward the tax credit which would come from eliminating tax exemptions on some capital gains. The money would come from removing tax exemptions for certain capital gains.
The plan incorporates measures Klobuchar has earlier backed regarding Social Security and lowering prescription drug costs.