Tuesday, September 6, 2011

deficit committee timeline

here is timeline from Congressional Quarterly

  •  Sept. 8: Organizational meeting of joint committee.
  • Sept. 13: First hearing of joint committee.
  • Oct. 14: Deadline for standing committees to forward their recommendations to joint committee.
  • Nov. 23: Deadline for joint committee to vote on legislative proposals, with a 10-year deficit reduction goal of $1.5 trillion.
  • Dec. 2: Deadline for joint committee to formally report proposals.
  • Dec. 23: Deadline for House and Senate to vote on proposals, without amendment.
  • Jan. 15, 2012: Deadline for enactment of at least $1.2 trillion in deficit reduction, or across-the-board spending cuts will be triggered.
  • Jan. 2, 2013: If triggered, across-the-board cuts will take effect.

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