Details about what's in the Senate bill are slowly starting to leak out, along with details about the process. Yes, Majority Leader Mitch McConnell still plans to hold a vote before the July 4th recess, which means things are about to start happening extremely quickly.
Timeline: We learned last night that GOP senators (or at least some of them) are being advised that they'll get a summary, legislative text, and preliminary score of the bill before they leave town Thursday evening. Thursday's lunch could get very nitty-gritty on policy details, one aide said. But it's also important to note that in a process as chaotic as this, plans can change quickly.
As the Wall Street Journal reported last night, a Congressional Budget Office score is expected early next week.
Medicaid portion: Here's what Caitlin Owens has heard about this part of the bill:
It would keep the growth rate for Medicaid per-person funding caps that is in the House bill, but only until 2025. The growth rate would then be reduced — from a metric pegged to medical inflation to one pegged to regular old inflation.The Medicaid expansion would have a three-year glide path down to a state's traditional funding level (as opposed to the higher Affordable Care Act match rate) beginning in 2020. This is somewhat of a win for moderates compared to the House bill, although they'd been pushing for a seven-year transition.States would be able to pick the base spending amount for their starting growth rate based on eight consecutive quarters. This would likely allow states to choose a higher base spending amount.