Washington (CNN) - Sen. Judd Gregg, the senior Republican on the Senate Budget Committee, is expressing doubts about President Obama's plan to create a bipartisan deficit-reduction commission.
"I don't think it accomplishes the goal," Gregg said Friday in an interview. But the New Hampshire senator, who is retiring at the end of the year, said he is willing to look at the specifics before passing final judgment.
Obama is expected to sign an executive order within the next 10 days to create the commission, which would make recommendations to Congress for reducing the deficit, estimated at $1.3 trillion this year.
But Gregg said that only a commission created by Congress would have the power to force the legislative branch to make changes necessary to reduce the deficit.
Along a 53 to 46 vote last month, the Senate rejected a measure sponsored by Gregg and Sen. Kent Conrad, D-North Dakota, to create a bipartisan deficit-reduction commission which would force votes in Congress.
"A lot of things don't pass the first time," said Gregg, who added that he wants Congress to have another chance to vote on creating a commission.
Gregg said that he believes any deficit-reduction commission created by the president will wind up writing "just another good report that ends up on a shelf somewhere."
Gregg had been tapped by Obama to be his Commerce Secretary, but withdrew his nomination because of policy differences.
The New Hampshire Republican said he has another idea for how the government could get its fiscal house in order.
"Stop spending," Gregg said. "Let's stop spending. Let's stop adding to the debt."