House Republications Release Replacement of Affordable Care Act

On Monday, House Republicans released the much anticipated replacement of the Affordable Care Act, and the bill has been met with contention from both sides of the House. Although the Democrat opposition was expected, Republicans are also finding issue with the proposal. The bill is not a full repeal and replacement of the current plan, but rather, a revised version which provides a number of changes to the current law. Some House Republicans, who promised to repeal and replace, think this is just a watered-down version of the Affordable Care Act. On the other hand, more moderate republicans are concerned about the cuts in Medicaid funding. At this point, it does not look like the bill will pass the House it its current state, but it is unknown if there is enough room for compromise for a version that will pass.