BREAKING: The Senate Finance Committee Just Made A Major Announcement That Has Trump Freaking Out!

The Senate Finance Committee agreed to terms that could extend the Children’s Health Insurance Program (CHIP) for five years.

Federal funding for the program, which provides care for 9 million low- and middle-income children, is set to expire at the end of September but it is still uncertain if the legislation will pass as a standalone bill or if provisions such as an ACA stabilization bill will be attached.

Committee chairman Orrin Hatch (R-Utah) and ranking Democrat Ron Wyden (Ore.) said the proposal would also provide additional protections for low-income children and flexibility for states, with the five year extension including a gradual reduction in enhanced federal matching funds.

Senator Hatch said, “We will continue to work to advance this agreement in a way that does not add to the deficit, and I am hopeful we can move forward swiftly to ensure no lapse in care for our nation’s most vulnerable children.”

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