The Senate Finance Committee is expected to hold hearings on healthcare when it returns to Washington next month and to start the process for reauthorizing the Children's Health Insurance Program.

Finance Committee Chairman Orrin Hatch said Thursday during a nomination hearing that the panel will hold bipartisan hearings when it returns after the August recess. Hatch did not specify the hearing's topic.

The Senate Health, Education, Labor and Pensions Committee is expected to hold bipartisan hearings on stabilizing Obamacare's markets next month, as well.

The Utah Republican said the committee would hold a separate hearing on reauthorizing CHIP before the program expires at the end of the federal fiscal year on Sept. 30.

He added that committee also will hold hearings on tax reform, a major priority for the GOP leadership.

"Long story short, it is going to be a busy fall for the Finance Committee," Hatch said.