When the House and Senate return to session next week, the Joint Select Committee on Deficit Reduction – the so-called “super committee” tasked with finding at least $1.2 trillion in deficit cuts by late November – will continue to meet. To date, the committee has held three public meetings and four closed door sessions, including two this week. The 12 bipartisan committee members have cited progress, but have been reluctant to discuss details of the delicate negotiations.
The next notable deadline for the super committee is October 14. This is the date by which all standing committees in the House and Senate must submit their deficit reduction recommendations for consideration. The exact process by which each standing committee will make such submittals – as well as the content of the recommendations themselves – may vary widely. Upon receipt, the super committee is not required to abide by standing committee recommendations when putting together its final deficit reduction package.