Today, President Obama will sign an executive order establishing the bipartisan National Commission on Fiscal Responsibility and Reform and announce that former White House Chief of Staff Erskine Bowles and former Republican Senate Whip Alan Simpson will serve as the Commission’s co-chairs.
Just today, Senator McCain offered up the oldest Washington stunt in the book - you pass the buck to a commission to study the problem. But here's the thing - this isn't 9/11. We know how we got into this mess. What we need now is leadership that gets us out. I'll provide it, John McCain won't, and that's the choice for the American people in this election.
History shows us that there is no substitute for presidential leadership in a time of economic crisis. FDR and Harry Truman didn't put their heads in the sand, or hand accountability over to a Commission.