Deficit reduction panel countdown

November 3, 2011

As part of the agreement to increase the U.S. debt ceiling, a special bipartisan committee was created to come up with a plan to reduce the federal deficit by at least $1.2 trillion over the next decade.

The group of six Senators and six Representatives is officially known as the Joint Select Committee on Deficit Reduction. It’s been dubbed the super committee.

And its members pretty much need super powers to meet their Nov. 23 deadline.

As that date nears, the ol’ blog is keeping track each day of November on the super committee’s progress.

0 Super Committee Countdown

I’m hoping that the lawmakers will be able to accomplish their goal sooner rather than later, but don’t be surprised to see the last post of this special series go up the day before Thanksgiving.

Here’s what has happened so far:

Day 1 — Everyone shares the blame for failure of the deficit super committee

Day 2 — Will the super committee’s failure revive Simpson-Bowles tax reform proposals?

Day 3 — Recriminations Monday, the official ‘holiday’ following the deficit super committee’s failure to agree on a plan

Day 4 — Death of super committee deficit deal expected as soon as Monday

Day 5 — Senators offer $4 trillion ‘Go Big’ deficit reduction plan to super committee

Day 6 — Popular tax breaks target of familiar plan offered by super committee Republican

Day 7 — Will super committee include farm bill provisions in its proposal?

Day 8 — Millionaires’ message to super committee members: Tax Us!

Day 9 — Gingrich bashes super committee as stupid, invitation to economic catastrophe

Day 10 — Deficit panel might pick tax amount, but let others figure out the details

Day 11 — Obama tells super committee members they can’t avoid the deep automatic cuts

Day 12 — GOP Senators coming around to taxes in deficit deal?

Day 13 — Use war savings to fund a stimulus deal say super committee Democrats

Day 14 — Super committee cuts could devastate national parks, damage the economy

Day 15 — D.C.’s Occupy Wall Street protesters hold mock Super Commitee meeting

Day 16 — Deficit reduction panel won’t extend its Nov. 23 deadline

Day 17 — The Super Committee is in a filter bubble that could burst deficit reduction efforts

Day 18 — Could the dollar coin help the deficit Super Committee save a few bucks?

Day 19 — Democrats want unemployment benefits tacked onto super committee deficit bill

Day 20 — Health sector groups lead in lobbying of deficit reduction Super Committee

Day 21 — 40 House Republicans say taxes must be considered by deficit reduction panel

Day 22 — More time for the super committee?

Day 23 — Social Security back in the mix as deficit cutting Super Committee deadline nears

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We made it. Tax Day 2025 is finally over. For most of us. When the filing season started on Jan. 26, millions who were expecting refunds filed immediately. Most of us got our returns to the Internal Revenue Service by April 15. But plenty of taxpayers also got extensions. They are looking at an Oct. 15 filing deadline.

Those procrastinating filers aren’t a problem. In fact, the IRS appreciates taxpayers who take time to fill out their 1040 forms correctly. It also is grateful that tax submissions are spread out a bit, especially now that the IRS is a leaner agency. Processing returns is easier when they arrive throughout the year instead of in massive bunches.

But enough about Uncle Sam’s tax collection issues. The focus now is on all y’all who filed for extensions, giving you another six months to complete your return. Since your new mid-October due date will be here before you know it, let’s get started now on meeting it.

The ol’ blog is here to help you finish up your extended Form 1040. You can start with January’s tax tips page, which has links to the rest of the year’s tips by-month collections. You also can peruse various tax categories for more tailored advice by clicking on the More Tax Posts drop-down menu at the top of this (and every) page.

And to make sure you don’t miss your new filing deadline, the count-down clock below will let you know just how much time you to file by Oct. 15. At the latest.e. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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