The setback is a major blow to Republicans who have struggled to finalize a healthcare replacement bill to repeal the Patient Protection and Affordable Care Act, also known as "Obamacare," signed into law by former President Barack Obama ın 2010. President Donald Trump's on hıs first day in office signed an executive order whıch was the first step towards repealing the act; however, his conservative base, which has the majority in both the House and the Senate, has struggled to finalize a healthcare replacement bill.Now, seven years after the enactment of Obamacare, GOP leader and Speaker of the House Republicans Paul Ryan presented the Republican healthcare bill amid President Trump's demands Thursday for it to be voted on by the House, a goal that was not realized when it was promptly retracted before voting could occur due to the lack of voter support in the House.Trump has said that although Obamacare is "imploding" with premiums and costs skyrocketing, he wishes to keep certain parts, such as coverage for those with pre-existing conditions. He said that this "happens to be one of the strongest assets [of the act]," as well as other parts. "Also, regarding the part of the act that applies to children living with their parents for an extended period, we should very much try and keep that; it adds costs but it's very much something we're gonna try and keep."Premiums under Obamacare skyrocketed in 2016 by as much as 35 percent and are expected to rise throughout 2017 as well. To put things into perspective, many middle-class families that were satisfied with their pre-Obama health care plans, such as Medicaid, now have to pay more for their healthcare than their rent or mortgage.Furthermore, companies that were participating in Obamacare declared they had lost billions and are pulling out, citing reasons such as insurance companies not being allowed to offer their services across state lines as is done in the EU. President Trump has promised to overturn the limitation as 1,021 counties across the U.S., one-third of all counties nationwide, have access to only one insurer, meaning there is no room for choice in regards to providers and no competition to drive down prices. Even though Obamacare has served America's poor more effectively in some ways, it did so at the expense of an already stretched-thin middle class.Essentially, Obamacare aimed to provide "affordable healthcare" to every American citizen; however, what's happened is that both companies and taxpayers are being drained of dollars for a plan that's not working for the majority of Americans.Now, the president has paused his push for a new healthcare bill, and Obamacare will remain the law of the land for the foreseeable future. The president himself, however, unlike Paul Ryan, does not seem to be concerned or even surprised by Friday's outcome. He had been saying for months, "The best thing to do, politically speaking, would be to let Obamacare implode […] many states have big problems." Trump believes that when Obamacare does implode then he will have bipartisan support for a new healthcare bill."Obamacare will explode and we will all get together and piece together a great healthcare plan for THE PEOPLE. Do not worry!"The now-scuttled American Healthcare Act (AHCA), however, did not go by without criticism, which is why it wasn't passed in the last couple or so of months.A Congressional Budget Office report claimed that the AHCA would result in millions more losing their insurance by 2026 while also raising costs significantly. White House Budget Director Mick Mulvaney has warned that should the new bill not pass on Friday due to internal GOP squabbling, then Obamacare would remain the de facto law of the land.Affecting one-fifth of the U.S. economy, healthcare has been no ride in the park for the Trump administration. House Speaker Paul Ryan took center stage during the entire lifespan of the bill, despite saying he would "never support" Trump prior to the November elections. Ryan has been heavily criticized by Freedom Caucus Republicans, including Senator Rand Paul who has said that "RyanCare" could end up being worse than Obamacare.It is important to understand that President Trump is not only facing Democrat blockage but opposition from within the GOP as well. People like Paul Ryan are so-called "Neoconservatives" who would much rather have someone like Jeb Bush in office. In short, it's not just the nation that's divided but the ruling party as well."I do agree [with President Trump] that Obamacare is a disaster," said Rand Paul, "I think we also agree and I think most Republicans agree that we should repeal it; we're kind of differing on the 'replacement' part."As a libertarian who worries that the bill is another creation of big government, Paul went on to say, "I think it's basically Obamacare Lite. Keeps the subsidies, keeps the taxes for a year, then keeps the Cadillac tax, the tax on good insurance, keeps the individual mandate interestingly; Republicans have complained for a year, you know? Saying they didn't like that the government was going to make you pay a penalty. Now, instead of paying a penalty to the government you pay the penalty to the insurance industry. There's also bailouts ($100 billion) for the insurance industry.""The primary thing that's wrong with Obamacare is that premiums are going through the roof; that will happen under the Ryan plan as well because they do nothing to fix the fundamental problem. […] I would do replacement in a separate bill."Now that the bill has tanked, this will give the GOP more time to come up with a plan that they actually agree on until Obamacare is no longer viable. Another important factor in this equation is that since former President Obama's election, the American people have started feeling entitled to healthcare, so when push comes to shove the government will have to come up with a new plan."Now, they [Democrats] own it [Obamacare]," the president said in a statement after the decision to take down Ryancare. "They 100- percent own it, and this is not Republican healthcare, this is not anything but Democrat healthcare, and they'll have Obamacare for a little while longer until it ceases to exist, which it will in the near future. Just remember this is not our bill, this is their bill."Staying true to his campaign rhetoric, he went on to say: "Perhaps the best thing that could happen is exactly what happened today because we'll end up [with Democrat support] with a truly great healthcare bill in the future after this mess known as Obamacare explodes. […] It's going to happen, there's not much you can do about it […] I've been saying it for a year and a half, it's not sustainable. The insurance companies are leaving one by one, and you have states that soon will not be covered."The next step on the Trump Administration's agenda is the much anticipated tax reform, which will be, if Trump keeps his campaign promises, the biggest since the Ronald Reagan administration.