President Obama did the right thing by creating a bipartisan Deficit Commission to recommend how to address the cancerous debt.

FORBES: U.S. Government's Misguided 'Fixes' Hurt Us All

But he has shoved off onto a bipartisan deficit commission the grisly question of how, and this commission is not due to report until after November's mid-term election.

ECONOMIST: The economy

He has tried to show his credentials as a deficit-buster with steps such as a federal pay freeze and his embrace of a deficit-cutting report produced by a bipartisan commission.

WSJ: Obama to Push New Spending in State of the Union

For example, he asked a bipartisan commission to draw up a plan to curb the deficit, then ignored its findings.

ECONOMIST: Schumpeter

The recent proposal by the co-chairs of President Obama's bipartisan deficit commission would, unfortunately, make only a modest dent in our nation's humongous credit card bill.

FORBES: Magazine Article

On spending, President Obama ignored the bipartisan recommendations of the Simpson-Bowles Deficit Commission, a commission he created.

FORBES: Where Are Our Leaders? Blaming and Dividing

It was with genuine trepidation that I took a quick look at the bipartisan report that Erskine Bowles and Alan Simpson prepared for the Obama Deficit Commission.

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And that's why I've proposed a bipartisan fiscal commission: a panel of Democrats and Republicans who would hammer out concrete deficit reduction proposals over the medium and long term, but would come up with those answers by a certain deadline.

WHITEHOUSE: Budgeting for a New Era of Responsibility

And lastly, over the objection of some in my own party when I suggested -- when we suggested it was by -- establishing by executive order a bipartisan commission to gain control of our deficits with the requirement of bringing down the deficit to 3 percent of GDP by 2015 to create some backfire to force these increasingly and still remaining difficult decisions.

WHITEHOUSE: VP Biden on Economic Expansion for the Middle Class