House Majority Leader Eric Cantor today released the following statement regarding H.R. 4160, the Keep the Promise to Seniors Act:
"House Republicans are serious about protecting seniors and the Medicare programs that they rely on, which is why we scheduled the Keep the Promise to Seniors Act for floor consideration today. The Administration's proposed rule changes to Medicare Part D would have harmed seniors and made prescription drugs more expensive for too many who need the care. In response to today's anticipated legislative action, CMS sent notice to Congress that they had reconsidered the rule changes to Medicare Part D that would have harmed seniors.
"House Republicans have spent the day reviewing the letter, and it is our opinion that the Administration's changes address most of our major concerns. Thus we will no longer be considering H.R. 4160.
"It's unfortunate that it took the threat of bipartisan congressional action to convince the Administration to stop its attack on Medicare programs that work and the seniors who rely on them.
"The House will reconsider this decision if it appears the Administration reverses course and moves ahead with rules that would harm seniors. The Keep the Promise to Seniors Act of 2014 stands ready if needed. I'd like to thank Representative Renee Ellmers, Chairman Dave Camp, Chairman Fred Upton, Chairman Kevin Brady, and Chairman Joe Pitts for their leadership in these efforts and the actions they took which ultimately resulted in these seniors not being harmed by the Administration's proposed Medicare changes."