Ryan briefed House GOP leadership on the negotiations Tuesday afternoon.
Now comes the tough part: passing it through the Republican-controlled House, where conservatives are objecting to the framework.
Here's the sequence of events if all goes according to plan for House GOP leaders. They would have a bill released by midnight on Tuesday night. Ryan would brief Republicans during the conference meeting Wednesday morning. And if all goes as planned, the House may vote on it as early as Thursday.
The Democratic-led Senate is somewhat friendlier to the deal.