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White House budget chief Orszag to step down

RightinNYC

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Budget Director Orszag to Step Down - WSJ.com

White House budget director Peter Orszag, one of the most visible members of President Barack Obama's economic team, will be leaving his post in July—the most senior official to leave the Obama administration, according to two knowledgeable administration officials. Officials close to Mr. Orszag noted that he had served nearly four stressful years in similar posts, first as director of the Congressional Budget Office, then as Mr. Obama's first director of the Office of Management and Budget. Mr. Orszag helped steer through Congress a $797 billion economic-stimulus bill in his first weeks at the White House job before becoming one of the driving forces in shaping the health-care law.

The president had wanted a decision from Mr. Orszag before the fall, when the administration will begin the arduous process of putting together the fiscal 2011 budget amid some of the greatest budget pressures in modern U.S. history. Mr. Orszag will also be marrying Bianna Golodryga, an ABC News business reporter, in September, and "restarting his life," a person close to the budget director said.

Already, administration officials have begun vetting possible successors. One, Gene Sperling, a director of President Bill Clinton's National Economic Council and a top aide to Treasury Secretary Timothy Geithner, has been cleared to take the position of deputy budget director, but uncertainty about Mr. Orszag's departure date had frozen Mr. Sperling's move. Along with Mr. Sperling, White House officials are considering new names, including Laura Tyson, a former top Clinton White House economist and dean of the University of California's Haas School of Business; Robert Greenstein, director of the liberal Center on Budget and Policy Priorities; and Rep. Artur Davis (D., Ala.), an early supporter of Mr. Obama's White House bid who recently lost the Democratic nomination for his long-shot campaign to be Alabama's first African-American governor.

While I had some issues with the way he involved himself in some recent issues, Orszag was still a good guy with a pristine background. Of the possible successors, Sperling and Tyson seem to be quite qualified, while Greenstein and Davis both sound unqualified and overly political. Hopefully Obama picks one of the first two and it doesn't cause much controversy.


edit: Just realized full article doesn't show up if you click from here, so here's an alternate link with the same material: http://www.reuters.com/article/idUSN217863620100622
 
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Harry Guerrilla

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Re: Obama's Budget Chief to Step Down

Budget Director Orszag to Step Down - WSJ.com



While I had some issues with the way he involved himself in some recent issues, Orszag was still a good guy with a pristine background. Of the possible successors, Sperling and Tyson seem to be quite qualified, while Greenstein and Davis both sound unqualified and overly political. Hopefully Obama picks one of the first two and it doesn't cause much controversy.


edit: Just realized full article doesn't show up if you click from here, so here's an alternate link with the same material: UPDATE 2-White House budget chief Orszag to step down | Reuters

Orszag has been a pretty solid guy, it sucks to see him go but I don't blame him.
 

j-mac

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Re: Obama's Budget Chief to Step Down

Orszag has been a pretty solid guy, it sucks to see him go but I don't blame him.


I say good riddance to him. it doesn't really matter who you put in the slot, whom ever is just a mouth piece anyway.


j-mac
 

jujuman13

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Re: Obama's Budget Chief to Step Down

It will be interesting to see what his next Job will be!
 
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