The Senate is set for “one big, beautiful” rewrite of the reconciliation budget bill passed by the House on Thursday, with Republicans focusing on deeper spending cuts, as well as softening Medicaid reforms, lowering the cap on state and local tax deductions, and halting any increase in the federal debt ceiling.

Majority Leader John Thune, R-S.D., can afford to lose only three votes, provided all Democrats are opposed, to get any measure passed by the July 4 deadline.

Sen. Ron Johnson, R-Wis., is among those adamantly opposed to the House bill because it doesn’t go far enough in spending cuts.

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