The 12-member bipartisan Super Committee tasked with finding at least $1.2 trillion in cuts has a little over a six weeks before they have to send their plan to Congress and there is no deal in sight. The committee just announced the schedule for its first public hearing in weeks for Oct. 26 when they will discuss "Discretionary Outlays, Security and Non-Security." Making matters worse, the House and Senate will be on recess during alternating weeks during October and November, which could disrupt negotiations as the clock ticks down (it wouldn't be the first time). Here's a look at the important dates for the Super Committee going forward. ...
Oct. 19 to Oct. 21: Recess time for the House
Oct. 26: The committee meets to discuss discretionary outlays for security and non-security purposes. According to National Journal "The 10 a.m. hearing will feature more testimony from Congressional Budget Office Director Doug Elmendorf. He testified last month at a hearing that looked into the history of the nation's debt and the forces behind that."
Read the full story at The Atlantic Wire.