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The House passed its CHIP bill. Photo: Jacquelyn Martin/AP

The House this morning passed its bill to reauthorize federal funding for the Children's Health Insurance Program, by a 242-174 vote. Federal CHIP funding expired at the end of September, and a handful of states have already started to run out of money for their programs. More will face a funding squeeze early next year.

What's next: The House vote fell largely along party lines due to disputes about how to pay for the bill. The Senate still hasn't even come up with ways to pay for its bill yet. A bill probably won't reach President Trump's desk until December.

Go deeper

Kendall Baker, author of Sports
Updated 5 mins ago - Sports

College football gone mad

Former Notre Dame coach Brian Kelly walks in front of his players. Photo: David Madison/Getty Images

In the span of two days, the head coaches of two of the biggest college football programs in America have jumped ship, wooed by even greater challenges — and the almighty dollar.

Driving the news: Lincoln Riley is ditching Oklahoma for USC in a deal reportedly worth $110 million. LSU poached Brian Kelly from Notre Dame with a reported 10-year, $100 million contract.

Media startups anxiously await BuzzFeed’s stock market debut

Illustration: Sarah Grillo/Axios

Digital media companies considering going public are watching BuzzFeed's expected stock market debut next week to see how investors will respond.

Why it matters: A slowdown in SPACs (special purpose acquisition companies) earlier this year pushed some digital media companies that were considering going public via SPAC IPOs away from the idea, such as Vice.

Retail's IOU boom

Black Friday shoppers in Skokie, Ill. Photo: Joel Lerner/Xinhua via Getty Images

Here's a staggering stat: Americans' use of "buy now, pay later" options increased 438% between November 2019 and November 2021, according to an Adobe analysis reported by Retail Dive.

Why it matters: This is one of the biggest new trends in shopping right now. People are getting more and more comfortable with apps like Afterpay, Klarna and Affirm that facilitate "buy now, pay later," and let customers spread out the cost of purchases over a long period of time without a credit card.