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Caregivers Need a Bailout Too! (or 1% for Families)
Date:1/13/2009

Caring.com and the National Alliance for Caregiving Call on the New Congress to Provide Relief to the Nation's 50 Million Family Caregivers

SAN MATEO, Calif., Jan. 13 /PRNewswire/ -- There are more than 50 million Americans today providing unpaid care for family members and loved ones: an aging or ailing parent, a friend with a chronic health condition, a spouse with Alzheimer's, a sibling with a traumatic war injury, a child with physical or mental challenges. Family caregivers represent a huge but invisible "silent workforce" over 150 times larger than Wall Street's workforce and over 176 times larger than the automobile industry workforce.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070921/AQF020LOGO)

While the deteriorating economy has hit all Americans hard, it has hit these Americans even harder. Family caregivers are struggling to pay their own bills and, increasingly, those of their loved ones as well; expenses continue to rise and the hours of care they provide each day continue to go uncompensated. The average caregiver spends $5,534 per year out-of-pocket for caregiving expenses. Like Wall Street, the auto industry, and homeowners, family caregivers need help from Congress to make it through 2009.

Caring.com and the National Alliance for Caregiving, are calling on President Obama and the 111th Congress to target up to 1% of the upcoming economic stimulus package toward supporting family caregivers. They have jointly developed five priority initiatives to help family caregivers that are posted on the Caring.com website, and are asking caregivers to add their voices and vote on which
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SOURCE Caring.com
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