The new GOP policy on health care subsidies would require most people to pay more for health insurance if they like it.
The new policy would also require people who don’t like it to pay less.
The proposal comes as Republicans struggle to pass a budget that would avert a shutdown.
In a statement, Rep. Paul Ryan (R-WI) said the House will vote on the legislation as soon as possible.
The GOP plan is expected to include $800 billion for the federal government and $100 billion in tax credits for low-income people to purchase health insurance.
The House would vote on its version of the legislation later on Tuesday.
It is unclear whether Republicans can garner enough votes to pass the legislation through the Senate.
The Trump administration has opposed the GOP proposal because it would not extend tax credits to people who earn too much to qualify for the tax credits.
The new GOP plan also includes a proposal to give states more flexibility in how they spend the federal funds that flow into their insurance exchanges.
It is unclear how many states are willing to accept the GOP plan.
If the House passes the bill, it would become law, and would become part of a new package of GOP legislation known as the American Health Care Act, or AHCA.
The legislation would expand the number of Americans who could qualify for subsidies to about 25 million.
Democrats are not pleased with the Republican proposal, and have vowed to oppose the bill in the Senate, which is currently split 50-50 between Republicans and Democrats.
“The GOP’s plan to slash taxes on the wealthy and corporations is nothing more than a tax scam,” House Minority Leader Nancy Pelosi (D-CA) said in a statement.
“We will be working hard to defeat this disastrous bill and ensure that every American has access to affordable health insurance.”