Obama endorses deficit commission plan…after November

I can’t wrap my mind around how Obama think this is a good idea. I’ll let Politico explain:

Trying to win the votes of fiscal moderates, President Barack Obama formally endorsed legislation Saturday creating an independent commission with the power to force Congress to vote on major deficit reduction steps this year, after the November elections.

 

Obama’s statement gives new momentum to efforts in the Senate now to attach such legislation this coming week to a pending debt ceiling bill. But the endorsement comes so late that it risks being seen as just a ploy to win over swing Democratic senators whose votes the White House needs to lift the federal debt ceiling.

Unlike Obama, fiscal moderates would like to see something done about record deficits now, not 10 months from now. Why would Obama think this would change anyone’s mind that he promises someday to care to about the deficit?