Sept. 8: The committee holds its first organizational meeting; on the agenda will be setting the rules.
Sept. 13: First public hearing, which will include testimony on "The History and Drivers of Our Nation's Debt and Its Threats" from Congressional Budget Office Director Douglas Elmendorf.
Sept. 22: Deadline for Congress to consider a resolution of disapproval for first $900 billion tranche of debt limit increase.
Oct. 1-Dec. 31: Timeframe in which both houses of Congress must vote on a Balanced Budget Amendment.
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.
Jan. 15, 2012: Date that the “trigger” leading to $1.2 trillion of future spending cuts goes into effect, if the committee’s legislation has not been enacted.
http://www.nationaljournal.com/congr...ficit-20110903