House Republicans announced their plan to repeal and replace the Affordable Care Act, commonly known as Obamacare, with the American Health Care Act. 

ACA is only hurting people, according to the House of Representatives Republican website, which states that premiums increased by an average of 25 percent per year and that 35 percent fewer health care providers accept Obamacare than private insurers. 

The American Health Care Act would move away from many aspects of the ACA but would maintain coverage for people with pre-existing conditions and allow children to stay on their parents’ insurance until they turn 26.

The plan would include establishing a patient and state stability fund that would give states $100 billion to create health care plans that would benefit their citizens’ needs. 

This plan would give citizens a monthly tax credit that would be about $2,000 to $14,000 a year for low- and middle-income families and individuals who don’t receive insurance from work or a government program.

This system would replace Obamacare subsidies. The reasoning given by the House Republicans is that the subsidies leave millions of families and individuals in the middle class without help to pay for health care. 

This act is backed by both President Donald Trump and House Speaker Paul Ryan.

Trump took to Twitter to show support for the bill, ending with, “Time to end this nightmare.” 

On his official website for the house speaker, Ryan said, “Under Obamacare, premiums are soaring, choices are dwindling, and things are only getting worse. The head of a major insurance company recently stated that the law is in a ‘death spiral.’”

He continued that the American Health Care Act would save people from what he called a “collapsing law.” He said the new act is a patient-centered system that will give all Americans access to health care. 

In mid-January, U.S. Rep. Steve King voted yes to the 2017 Budget Resolution, stating that it was the first step in repealing ACA. He has not yet released a statement on whether he supports the proposed replacement.

Those in opposition to the bill have come up with names such as “Obamacare Lite,” “RyanCare” and “RINOcare.”

Freedom Works, a conservative group, released plans to raise funds to take down the Obamacare replacement. 

“Our activists are furious at this betrayal and at this step toward breaking campaign promises made for the better part of the decade,” Noah Wall, national director of campaigns, said.

The opposition from Republicans could be problematic when trying to get the bill passed. If all Democrats vote no as expected, they can only afford to lose 21 Republican votes.