Super Committee Gets to Work Today

The Joint Select Committee on Deficit Reduction—also known as the super committee—begins its work today.

The committee is charged with cutting the federal deficit by $1.5 trillion, and the specific purpose of today’s initial meeting will be to allow members to make “opening statements” and consider proposed committee rules. The committee will gather again on Sept. 13 to get down to business by taking testimony on “The History and Drivers of Our Nation’s Debt and Its Threats.” Congressional Budget Office Director Douglas Elmendorf is expected to testify at that hearing.

Both of these meetings will be public, but nothing guarantees that the rest of the committee’s official meetings will be public.

Senator Patty Murray (D-WA) will co-chair the committee with Senator Jeb Hensarling (R-TX).

Below are the key dates for the Joint Select Committee through the end of 2011:

  • Oct. 14: House and Senate committees must submit recommendations to the committee by this date.
  • Nov. 23: Deadline for the committee to vote on a plan with $1.5 trillion in deficit reduction.
  • Dec. 2: Deadline for the committee to submit report and legislative language to the president and Congress.
  • Dec. 23: Deadline for both houses to vote on the committee bill.

 

Questions? Contact a member of the Association’s Legislative Affairs team:

Jennifer Wagner, Director of Legislative Advocacy
Mark Minickiello
, Vice President, Legislative Affairs
Stacy Augustine
, Senior Vice President & General Counsel

Posted in Economy.