U.S. Senate Republican Leader Mitch McConnell issued the following statement today regarding the Obama administration's decision to backtrack on proposed changes to the Medicare prescription drug program:
"We were pleasantly surprised to see the Obama administration backtracking on a number of proposals that would undermine the highly successful Medicare prescription drug program. This is good news for seniors who have already seen the administration cut Medicare to fund Obamacare. But we remain concerned about the impact of Obamacare's looming cuts to Medicare Advantage, something that was not addressed in today's announcement. Seniors need to know whether the President will stand by his word, and that they can keep the plans they have and like."