The White House is circulating a proposal that would extend subsidies to help consumers pay for coverage under the Affordable Care Act for two more years, as millions of Americans face spiking health care costs when the current tax credits are set to expire at the end of the year.

The White House plan would extend the expiring Affordable Care Act subsidies for two years while limiting the subsidies to people with incomes up to 700 percent of the federal poverty line. Enrollees would also pay a minimum premium payment,

Millions of enrollees in ACA health insurance programs -- also known as Obamacare -- face sharp premium increases with the subsidies due to expire on December 31. Democrats' demand for an extension of the subsidies was the core issue in Congress that led to the federal government shutdown that ended earlier this month.

The White House delayed rolling out a new plan Monday to curb rising healthcare costs as Affordable Care Act subsidies expire at the end of the year.

The White House is preparing a health-policy framework that would extend Affordable Care Act insurance premium subsidies for two years, Politico reported on Monday, a move that could put President Donald Trump at odds with some of his fellow Republicans.

The White House is planning to propose a two-year extension for Affordable Care Act subsidies, according to a report.

The White House is circulating a proposal that would extend subsidies to help consumers pay for coverage under the Affordable Care Act for two more years, as millions of Americans face spiking health care costs when the current tax credits are set to expire at the end of the year.