I haven't read the Bill. Who has? Ha!

But based on the source below, the Bill "cuts roughly $700 billion from Medicaid over a decade."

https://www.healthcaredive.com/news/house-passes-reconciliation-bill-medicaid-healthcare/748697/

So that's roughly $70 billion a year.

According to the source below, the Federal government spent $871.7 billion on Medicaid in 2023.

https://www.cms.gov/data-research/statistics-trends-and-reports/national-health-expenditure-data/nhe-fact-sheet

So that's around an 8% cut in Medicaid funding per year. Which I can see being made up of waste, graft, corruption, and inefficiencies.