If President Barack Obama does not deal with entitlement spending in a meaningful way in the next four years, he will not leave behind a successful legacy, Alan Simpson, former GOP senator of Wyoming said Tuesday at a breakfast event put on by Politico at the Newseum.

“If he can’t cut the mustard with solvency of Social Security under honest appraisals of the trustees and he can’t get a handle on an automatic pilot rig of health care, he will have a failed presidency,” Simpson said.