The Senate Republicans plan to unveil revised tax and healthcare policies this week, with cuts to Medicaid sparking divisions within the party.

Reports indicate that Republican senators are eager to finalize legislation on the core economic plan before July 4th, with plans to unveil revised tax and healthcare provisions this week. The Senate Finance Committee aims to achieve savings by cutting Medicaid spending, which may involve Medicare. This proposal is expected to differ from the version that narrowly passed in the House in May. The disclosure of the proposal’s details is likely to spark a new round of divisions between fiscal conservatives and moderates within the Republican Party.