In the wake of a failed effort to push through a permanent repeal of the estate tax, two Republican Congressman have introduced companion bills to form a new "Securing America's Future Economy Commission."

The 15-member commission would have the ability to reform tax policy and entitlement benefit programs and function similarly to the military base closing commission -- with proposed legislative packages receiving an up-or-down vote from Congress. T he president or the budget committee of either house of Congress would be able to submit alternatives.

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