Washington (July 4, 2003) -- A bipartisan effort is underway to help Americans pay for the high costs of long term care that can easily exceed retirement budgets.

Sen. Chuck Grassley, chairman of the Committee on Finance, R-Iowa and Sen. Bob Graham, D-Fla., have re-introduced their bipartisan legislation to help Americans pay for nursing home stays, assisted living, home health aides, and other services.

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