Children's Health Insurance Program is set to go bust
If you're waiting and wondering what the future holds for the Children's Health Insurance Program, the answer most likely depends on where you live.
CHIP is a popular, bipartisan program that provides a safety net for nearly 9 million kids in low- and mid-income families. It's the latest pawn in the Congressional wrangling over health care. Both the Senate and House are debating bills to reauthorize CHIP funding, and both are considering these bills after the Sept. 30 deadline for reauthorization has passed.
"CHIP has always had bipartisan support since it started 20 years ago," said Jesse Cross-Call, senior policy analyst at the Center for Budget and Policy Priorities (CBPP). "So it has really been a surprise that it's taking this long to get it funded. Congress has never blown past the deadline before, so we're in uncharted territory."