- Senate Finance Leaders Announce Five-Year CHIP Deal Politico by Rachana Pradhan — The Senate Finance Committee has agreed to a five-year funding extension for the Children's Health Insurance Program (CHIP), the tax-writing panel's top Republican and Democrat announced Tuesday evening. The announcement from Chairman Orrin Hatch (R-Utah) and ranking member Ron Wyden (D-Ore.) came with Congress careening toward an end-of-the-month deadline to extend federal funding for a program that covers roughly 9 million low-income children.