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And already criticism and concern coming from top republicans, and even the white house is not fully embracing and endorsing this bill. president trump taking to twitter a few minutes ago saying, yes, this is a wonderful bill but notably he said this bill is up for negotiation. >> it is obamacare gone. >> house republicans unveiling their long-awaited replacement of obamacare. >> when we repeal and replace obamacare, it will amount to the biggest entitlement reform in at least the last 20 years....
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>> reporter: repealing and replacing obamacare, already some major fault lines are emerging within the republican party within hours. criticism and concern coming from republicans and even the white house isnt yet fully endorsing this bill. simply calling it an important step forward. >> it is obamacare gone. >> house republicans unveiling their long-awaited replacement of obamacare. >> when we repeal and replace obamacare, it will amount to the biggest entitlement reform. >> central to the heal...
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Of obamacare. >> when we repeal and replace obamacare, it will amount to the biggest entitlement reform in the last ten years. >> reporter: central to their bill, american health care act, individual and employer mandate, tax penalty for people without insurance. the replacement, a continuous coverage incentive, a 30% surcharge on premiums for consumers for one year who let their coverage lapse, levied by insurers. the plan phases out obamacares expansion of medicaid, eventually capping federal ...