As the keynote speaker for the Dunwoody Chamber of Commerce Gala, Isakson said spending cuts alone will not be enough solve the country’s debt and deficit challenges.
He said reforming the way the U.S. handles entitlement programs like food stamps and Medicare will be important going forward. He used Social Security as an example, pointing out that life expectancy is far greater now than when the program was created.
“They’re all important. They’re all part of the safety net,” Isakson said. “But we’ve got to recalibrate those for the 21st century.”