Pledging to invest in the “caring economy,” Hillary Rodham Clinton proposed a new tax break Sunday for people caring for aging parents and grandparents.

The Democratic presidential candidate touted her latest proposal at a town hall-style meeting in Iowa Sunday. She is seeking a tax credit to help offset up to $6,000 in caregiving costs for elderly family members. The credit would apply to 20 percent of those expenses for a maximum tax bill savings of $1,200.

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An aerial image shows part of John A. White Park taken on Wednesday, July 4, 2025, where the City of Atlanta plans to build new trails as part of the citywide Trails ATL plan. (Miguel Martinez/ AJC)

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Scott Jackson (right), business service consultant for WorkSource Fulton, helps job seekers with their applications in a mobile career center at a job fair hosted by Goodwill Career Center in Atlanta. (Ziyu Julian Zhu/AJC)

Credit: Ziyu Julian Zhu/AJC