Washington, Sep 10 (PTI) US President Joe Biden on Thursday announced a series of steps, including issuing several executive orders and taking a few punitive measures, aimed at vaccinating the ...

.Washington D.C., DC, USA
For the first time in 39 years the cost of delivering benefits will exceed the program's total income. (Photo Credit: AP)

  • Social Security's massive trust fund will be unable to pay full benefits in 2034
  • It will be tapping its savings to pay full benefits
  • The depletion date for Medicare's trust fund remained unchanged from last year

Duato, like Gorsky, has been with J&J for three decades. (Photo Credit: Twitter/@JNJnews)

  • Duato will take over as the next CEO effective January 3
  • He will also be named to the board of directors of the firm
  • Gorsky will assume the role of executive chairman