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In the Roman Empire, the Ides of March would have been the common way to identify the fifteenth day of the month, with no particular significance attached to the date. The fifteenth day of the month continued to be known as the "ides" of that month after the fall of the Romans.
In Julius Ceasar, Ceasar is warned that there may be problems or threats to his safety in his future, with the prediction that they may come to pass sometime on or before "the ides of March."
The only real significance of the phrase today might be as a general comment that a deadline on or near March 15 is approaching.
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