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It has worked well before. The model is the base closing commission after Reagan won the cold war. (Quoting Gorbachev "after Reagan beat us ...).
The full congress still votes on it on it and three president can still sign it or veto it. The bipartisian commission just makes a recommendation. Everyone agreed that with the soviet threat gone, we should close many bases. No lawmaker could vote to close the base in their own state or district, though, due to politics. So a bipartisian commission was formed to make recommendations about which bases to close. Congress decided they would vote to either approve the recommendation or not, without adding a bunch of pork and crap. It worked well.
Certainly it can't work any WORSE than what's going on now, where the president and the democrats won't even purpose any plan. All they're done is said "no" to republican proposals on how to move forward. If the president can't provided the leadership to at least put together a proposal that can be voted on, I'm all for a bipartisian group of senators providing that leadership and crafting a plan that the congress can vote on and the president can sign or not. If the president won't lead, someone needs to, and then let Obama sign it or veto it, one way or the other.
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