At long last, Senate Republicans have revealed their health care bill. It was hatched in secret, and they hope to vote on it in a week so let's dig in. It's similar to the plan passed by the House: Sharp and sweeping cuts to Medicaid, more power to states to decide what insurance plans have to cover, shrinking the Obamacare subsidies. Here's what it won't do: make health care cheaper. We'll talk about why, then head to Arkansas, where a plan to roll back Medicaid expansion will put tens of thousands back on the exchanges, if they can afford it. Plus: An interview with the executive director of Covered California, the state's Obamacare exchange.