Republicans pull Medicare Part D bill

House Republicans have announced they will not consider legislation to block an Obama administration rule that the GOP says would limit seniors' prescription drug choices under Medicare Part D.

The announcement was made a day after the administration said it would not pursue the rule, after many criticized it.

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Majority Leader Eric Cantor (R-Va.) said Republicans could bring up the bill, H.R. 4160, at a later date if the administration decided to consider the rule again.

"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," Cantor said.

"The House will reconsider this decision if it appears the Administration reverses course and moves ahead with rules that would harm seniors," he said. "The Keep the Promise to Seniors Act of 2014 stands ready if needed."