Americans ’Hooked’ on Government Benefits

By Brian Faler – Bloomberg.com Political dysfunction is often blamed for Congress’s inability to curb the U.S. budget deficit. An even bigger obstacle may be the American public. A record 49 percent of Americans live in a household where someone receives at least one type of government benefit, according to the U.S. Census Bureau. And [...]

Medicare Illegally Paid for Seniors’ Viagra, U.S. Audit Says

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The U.S. Medicare program improperly spent more than $3 million in 2007 and 2008 to buy Pfizer Inc. (PFE)’s Viagra and other erectile dysfunction drugs for senior citizens, government investigators said. The purchases violated a 2005 ban on covering the drugs under the U.S. health program for the elderly and disabled. Medicare administrators blamed the [...]