WASHINGTON, DC - OCTOBER 11: The Senate side of the US Capitol is shown October 11, 2016 in Washington DC. House and Senate Republicans are in a close race with Democrats to keep control of both houses of Congress.  (Photo by Mark Wilson/Getty Images)
Mark Wilson/Getty Images
WASHINGTON, DC - OCTOBER 11: The Senate side of the US Capitol is shown October 11, 2016 in Washington DC. House and Senate Republicans are in a close race with Democrats to keep control of both houses of Congress. (Photo by Mark Wilson/Getty Images)
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title: Dead Wrong duration: 00:00:31 site: Youtube author: null published: Mon Sep 10 2018 07:49:49 GMT-0400 (Eastern Daylight Time) intervention: no description: Patrick Morrisey's lawsuit would take away health care from people with pre-existing conditions. That's just dead wrong, and that ain't gonna happen. DONATE NOW: https://bit.ly/2QhQgAv
CNN/YouTube/Joe Manchin
title: Dead Wrong duration: 00:00:31 site: Youtube author: null published: Mon Sep 10 2018 07:49:49 GMT-0400 (Eastern Daylight Time) intervention: no description: Patrick Morrisey's lawsuit would take away health care from people with pre-existing conditions. That's just dead wrong, and that ain't gonna happen. DONATE NOW: https://bit.ly/2QhQgAv
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title: Chairman Orrin Hatch: Assessing the impact of tax reform | LIVE STREAM  duration: 01:25:52  sub-clip duration: 4:00  site: Youtube  author: null  published: Thu Mar 01 2018 10:30:11 GMT-0500 (Eastern Standard Time)  intervention: yes  description: In December, Congress passed the Tax Cuts and Jobs Act, the most sweeping overhaul of America's tax code in more than 30 years. How will the reduction in the corporate income tax rate and other features of the new tax law affect the US economy?    Please join AEI for remarks by Senate Finance Committee Chairman Orrin Hatch (R-UT) on the impact of the Tax Cuts and Jobs Act. After Chairman Hatch's remarks, an expert panel will discuss the legislation further.Watch other videos about "Topic"    Subscribe
american enterprise institute
title: Chairman Orrin Hatch: Assessing the impact of tax reform | LIVE STREAM duration: 01:25:52 sub-clip duration: 4:00 site: Youtube author: null published: Thu Mar 01 2018 10:30:11 GMT-0500 (Eastern Standard Time) intervention: yes description: In December, Congress passed the Tax Cuts and Jobs Act, the most sweeping overhaul of America's tax code in more than 30 years. How will the reduction in the corporate income tax rate and other features of the new tax law affect the US economy? Please join AEI for remarks by Senate Finance Committee Chairman Orrin Hatch (R-UT) on the impact of the Tax Cuts and Jobs Act. After Chairman Hatch's remarks, an expert panel will discuss the legislation further.Watch other videos about "Topic" Subscribe
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WASHINGTON, DC - OCTOBER 11: The Senate side of the US Capitol is shown October 11, 2016 in Washington DC. House and Senate Republicans are in a close race with Democrats to keep control of both houses of Congress.  (Photo by Mark Wilson/Getty Images)
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WASHINGTON, DC - OCTOBER 11: The Senate side of the US Capitol is shown October 11, 2016 in Washington DC. House and Senate Republicans are in a close race with Democrats to keep control of both houses of Congress. (Photo by Mark Wilson/Getty Images)
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US President Donald J. Trump delivers his first address to a joint session of Congress from the floor of the House of Representatives in Washington, DC, USA, 28 February 2017.   / AFP / EPA POOL / JIM LO SCALZO        (Photo credit should read JIM LO SCALZO/AFP/Getty Images)
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US President Donald J. Trump delivers his first address to a joint session of Congress from the floor of the House of Representatives in Washington, DC, USA, 28 February 2017. / AFP / EPA POOL / JIM LO SCALZO (Photo credit should read JIM LO SCALZO/AFP/Getty Images)
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WASHINGTON, D.C. - NOVEMBER 09: President-elect Donald Trump meets with House Speaker Paul Ryan (R-WI) at the U.S. Capitol for a meeting November 10, 2016 in Washington, DC. Earlier in the day president-elect Trump met with U.S. President Barack Obama at the White House. (Photo by Zach Gibson/Getty Images)
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WASHINGTON, D.C. - NOVEMBER 09: President-elect Donald Trump meets with House Speaker Paul Ryan (R-WI) at the U.S. Capitol for a meeting November 10, 2016 in Washington, DC. Earlier in the day president-elect Trump met with U.S. President Barack Obama at the White House. (Photo by Zach Gibson/Getty Images)
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WASHINGTON, DC - OCTOBER 11: The Senate side of the US Capitol is shown October 11, 2016 in Washington DC. House and Senate Republicans are in a close race with Democrats to keep control of both houses of Congress.  (Photo by Mark Wilson/Getty Images)
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WASHINGTON, DC - OCTOBER 11: The Senate side of the US Capitol is shown October 11, 2016 in Washington DC. House and Senate Republicans are in a close race with Democrats to keep control of both houses of Congress. (Photo by Mark Wilson/Getty Images)
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Story highlights

Bill would repeal Obamacare's individual mandate

Experts have warned the changes could result in millions of people losing access to insurance they received under the Affordable Care Act

House committees will vote on the measure Wednesday

(CNN) —  

House Republicans introduced their bill to repeal Obamacare’s individual mandate that also aims to maintain coverage for people with pre-existing conditions and allow children to stay on their parents’ plans until the age of 26.

The measure would offer individuals refundable tax credits to purchase health insurance and restructure the country’s Medicaid program so that states receive a set amount of money from the federal government every year – changes experts warn could result in millions of people losing access to insurance they received under the Affordable Care Act.

It also largely would keep Obamacare’s protections of those with pre-existing conditions, but allows insurers to charge higher premiums to those who let their coverage lapse.

Full text: GOP plan to repeal and replace Obamacare

House Speaker Paul Ryan said Obamacare is “rapidly collapsing” and it is “time to turn the page.”

“The American Health Care Act is a plan to drive down costs, encourage competition, and give every American access to quality, affordable health insurance. It protects young adults, patients with pre-existing conditions, and provides a stable transition so that no one has the rug pulled out from under them,” Ryan said in a statement.

The measure sets up a political battle that could consume Congress for much of the year.

White House spokesman Sean Spicer praised the bill’s release.

“Obamac