(Thumbnail image: The White House)

President Obama is creating a commission to come up with clear recommendations in how to improve the country's more than $14 trillion debt.  Although it is a bipartisan commission, many say Mr. Obama is just trying to buy time and save face.

We're looking at perspectives from FOX News, MSNBC, The New York Times, CNBC, and BloggingStocks.

MSNBC says the debt commission is a last resort for the president after Congress recently shut him out.

"The president wanted to have a debt commission pass Congress or a deficit commission as you like it, it did not pass the Senate.  We heard the president many times over the last several weeks lament the fact that seven Republican co-sponsors took a walk when that bill actually hit the Senate floor.  So what he has done, he's done this by executive order now."

The New York Times reports that although many Republicans say the commission is a waste of time, they'll get on board.

"Republicans had objected that the administration, by naming the commission, was trying to buy time and appear to be doing something with high annual deficits...But they felt they had little choice but to go along given the severity of the fiscal problem and poll findings that Republicans are increasingly seen as obstructionists."

FOX News' Bill O'Reilly says there's an easier way to decrease the debt, while CNBC says critics argue progress will take more than Mr. Obama's smooth talk.

FOX News: "OK fine, but it's mostly a waste of time.  If you want to stop spending, stop spending.  Why do you need some pinhead commission to tell us that?"

CNBC: "Critics say it's just rhetoric.  They say many good intentions lie on the road to financial ruin."

Finally a writer for for BloggingStocks says the commission could make a difference, but it depends on who's on the board.

"Can the U.S budget deficit panel succeed where others have not?  Indeed it can, and the key is its composition....The panel's recommendations will require approval by 14 out of the 18 members, which guarantees that recommendations will have bipartisan support."

So did President Obama make the right choice by forcing a debt commission?  Will any real solutions come of it?

Writer: Alyssa Caverley

Producer: Newsy Staff