January 29th, 2010
12:32 PM ET
12 years ago

Obama to create bipartisan fiscal commission to confront deficits

Baltimore, Maryland (CNN) - President Obama told House Republicans on Friday that he intends to create a commission to confront deficits by executive order.

"The idea of a bipartisan fiscal commission to confront the deficits in the long term died in the Senate the other day," he said. "So I'm going to establish such a commission by executive order, and I hope that you participate fully and genuinely in that effort."

The recommendations of a commission created by executive order would not be binding; those from a commission created by Congress would have been.

Filed under: GOP • national debt • President Obama
soundoff (25 Responses)
  1. Lacross Mom (the real one)

    Bipartisan meaning both liberals and democrats will be equally represented.

    January 29, 2010 12:34 pm at 12:34 pm |
  2. B

    Good, looks like the President is having to resort to use of executive order to make things happen!

    January 29, 2010 12:35 pm at 12:35 pm |
  3. Dave, the Truthteller

    "The recommendations of a commission created by executive order would not be binding; those from a commission created by Congress would have been."

    Perfect, Obama can pay lip service without no real action. Typical....

    January 29, 2010 12:38 pm at 12:38 pm |
  4. C. Farrell, Houston, Tx

    Don't invite John McCain, he has nothing to offer but NO.

    January 29, 2010 12:53 pm at 12:53 pm |
  5. Robert

    Oh dear! He is doing something without the approval of the Republicans.... brace yourself for all the low name calling insults that surely will come..

    January 29, 2010 12:53 pm at 12:53 pm |
  6. wake up

    Here's an idea...CUT SPENDING. Everyone on the federal payroll should take an immediate 5% pay cut. There is a reason the founders wanted a small federal govt. Obama....you are the biggest fraud in american history.

    January 29, 2010 12:56 pm at 12:56 pm |
  7. Henry Miller, Libertarian

    It's simple:

    1. Stop fighting wars we (a) can't win and (b) shouldn't have started in the first place.

    2. Stop taxing money away from working Americans who take responsibility for themselves and their families and redistributing the ill-gotten proceeds in huge, dripping, gobs to irresponsible, indolent, improvident bums.

    January 29, 2010 01:03 pm at 1:03 pm |
  8. kim Wilson

    Why don't we tax the Churches and Indian Casino's and a national lottery to pay off the national debt? The churches should want to do their part to help the country instead of being excluded from the countries problems. I thought thats what churches were for to help people and teach them about Gods way. So, why are they not helping with this problem that is the number one problem the people have?

    January 29, 2010 01:05 pm at 1:05 pm |
  9. rob

    What he is saying is that niether he nor the Dems in congress have the will to really confront the Deficits and Gov't debt without raising taxes. He knows that his party just wants to raise taxes rather than addressing the real systemic problems with Gov"t and the huge unfunded liabilities that we face in the future. They also know that they face a dilema about raising taxes...the public hates it and the dems will pay dearly in next Nov. Mid-terms.

    This commision should be called " The Bipartisan Commision to Raise Taxes" and if the Republicans participate in this hoax they should have their heads examined.

    January 29, 2010 01:09 pm at 1:09 pm |
  10. Ren from Baltimore

    He's finally playing hardball-spit or get off the bubbler, guys.

    January 29, 2010 01:19 pm at 1:19 pm |
  11. Jane/Seattle

    Please select ONLY those who show an inclination to actually work on the issues COOPERATIVELY. No Baucas, No McConnell, No Graham, NO haters, Please! We require progress, not Obstruction. Anything Less and you will further erode your base, the ones who do have a trust deficit! Why? Because the wolves seldom do any good in the henhouse. Metaphor for Bankers, Insiders trying to Fix? what they SCREWED UP!

    Congruency is a very important concept in life, Mr. President. The words, mood, body language all must match for this to be Believed and trust to be restored. Now is the time to reclaim this trust from us. Peace

    January 29, 2010 01:29 pm at 1:29 pm |
  12. Silence Dogoode

    Good, at last he has to do some legit work as POTUS....the deficits were created by both parties and we should be cutting our debt and not increasing it.

    January 29, 2010 01:31 pm at 1:31 pm |
  13. Nice gesture, but...

    Sorry Obama, you're a day late and a dollar short.

    The people have spoken and we want less spending. Also, the 'bipartisan commission' has no real power because it wasn't created by Congress. In other words, it is Obama's symbolic gesture.

    Obama's 'spending freeze' is also a symbolic gesture, in that he increased government spending in his first year and the freeze will only stop additional spending.

    January 29, 2010 01:35 pm at 1:35 pm |
  14. Will in Carson City

    This is interpreted as meaning that Obama will do anything he wants, regardless of what Congress votes on.

    January 29, 2010 01:38 pm at 1:38 pm |
  15. Enough

    Nothing Obama does is bipartisan. Funny how a few short weeks ago he was having closed door meetings, cutting special deals with the unions and locking out and blowing off the Republicans, because he didn't need them. A few short weeks later and the tide has turned and now he is begging for them to work with him...........get lost Obummer, we don't want your policies and the voters in MA have proven that.

    January 29, 2010 01:38 pm at 1:38 pm |
  16. WrongKindofChange

    Obama the dictator! So he just decides to completely go around one branch of the government. People, please tell me you all see this as well. We have 3 branches of government for a reasson, so not one of them has the sole power. Obama has decided to ignore the other two branches and just do whatever he wants.

    That is known as a dictator.

    January 29, 2010 01:43 pm at 1:43 pm |
  17. Grrr-Awful-O

    LOL! After a fanny kicking he wants in on some GOP mojo? Ummm, maybe now is not the best time to be (finally) offering cooperation (if that's what it really is).

    January 29, 2010 01:50 pm at 1:50 pm |
  18. Michael P

    Ok...now I'm a person who avidly follows politics but i have always had a problem actually watching ANY president speak on TV I just couldn't do it...i ALWAYS change the channel...and come back later for the talking points if anything of substance was said...this habit goes back to Reagan......i just stared....RIVETED to CNN watching the exchange between President Obama ans the Republican Caucus ....if that is how poitics is going to be from here on out..believe me I'll watch...THAT is how Washington SHOULD be...strait up honest questions and strait forward answers....as OUR President said..... they should be there for the job NOT the sound bite.....PLEASE let this exchange be a blueprint for the future....

    January 29, 2010 02:00 pm at 2:00 pm |
  19. JFK

    The right wont cooperate and will just whine about everything that is proposed. Too bad Republicans didnt come up with ideas when they controlled the House and Senate. Oh thats right, they didnt care about healthcare, the budget deficit, or the national debt. What was I thinking, it was just spend, spend, spend,and Iraq, Iraq, Iraq!!

    January 29, 2010 02:27 pm at 2:27 pm |
  20. Sue

    Obama only wants this 'bipartisan" commission to provide support/cover for his proposed tax increases.

    This way........Obama and the Democrats can say.........."See, the Republicans supported the tax increases as well".

    January 29, 2010 02:43 pm at 2:43 pm |
  21. phoenix86

    If the commission is completely independent, their recommendation will be that Obama, Pelosi and Reid resign and someone with fiscal sanity should take over as POTUS.

    January 29, 2010 02:54 pm at 2:54 pm |
  22. GOP = "I hope he fails."

    It will be interesting to hear from the wing-nuts about what WRONG with this.

    January 29, 2010 03:03 pm at 3:03 pm |
  23. Mike in MN

    Lets all hope anb pray this bipartisian comission will produce some sold solutions that will work. The deficits are not sustainable and no solutions have been put forward yet. Obama's proposal to freeze spending on a small portion of the budget next year moves in the right direction but does not come close to a solution. It will only cut the deficit by 15 billion a year while the projected annual average deficit for the next 10 yeas is a trillion. 985 billion deficits will destroy or economy just as effectivily as 1 trillion.

    January 29, 2010 03:09 pm at 3:09 pm |
  24. southerncousin

    Two simple solutions, cut the waste and fraud from entitlement programs. Cut entitlement programs.

    January 29, 2010 03:12 pm at 3:12 pm |
  25. We the People....

    Another government entity.... just what is need.... trimi the fat and get rid of the federal government and put it all back in the hands of the STATES!

    January 29, 2010 03:15 pm at 3:15 pm |