President Obama signs an executive order on Thursday, Feb. 18, 2010, to create the bipartisan National Commission on Fiscal Responsibility and Reform. Looking on are (from left) Vice President Joseph R. Biden Jr. and the panel's co-chairmen, Erskine Bowles and Alan K. Simpson. (AP Photo/Charles Dharapak)

Photo by: Charles Dharapak

President Obama signs an executive order on Thursday, Feb. 18, 2010, to create the bipartisan National Commission on Fiscal Responsibility and Reform. Looking on are (from left) Vice President Joseph R. Biden Jr. and the panel's co-chairmen, Erskine Bowles and Alan K. Simpson. (AP Photo/Charles Dharapak)