The Corner

Obama to Commission Fiscal Commission Thursday

President Obama will sign an executive order Thursday creating a fiscal commission aimed at addressing the budget deficit.

The commission is expected to be headed by Erskine Bowles, a former chief of staff to Pres. Bill Clinton, and former Republican senator Alan Simpson of Wyoming. It will lack the power to bind Congress to up-or-down votes on deficit reduction measures that a similar commission, rejected by the Senate last month, would have had.

Daniel Foster — Daniel Foster is a former news editor of National Review Online.

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