The Trail: A Daily Diary of Campaign 2008


Cast of Characters

Peter Orszag on OMB Short List

By Michael A. Fletcher
Peter R. Orszag, who has headed the Congressional Budget Office for nearly the past two years, has emerged as a top choice to be the next director of the White House Office of Management and Budget, sources said.

The Cabinet-level OMB post is charged with drafting and overseeing the federal budget. That role promises to be especially crucial with the federal budget deficit currently hurtling toward $1 trillion and with President-elect Barack Obama promising to enact a robust economic stimulus plan to prevent the nation from sliding into a long recession.

Another person who has been mentioned as a possibility for the OMB post is Rep. Jim Cooper (D-Tenn.), who each year publishes a dire alternative report on the federal budget.

Orszag, who turns 40 next month, is an expert on entitlement spending. He is a co-founder with former Treasury Secretary Robert E. Rubin -- an Obama adviser -- of the Hamilton Project, which aims to address income inequality in the United States without hindering American competitiveness.

At the Brookings Institution, he was also director of the Retirement Security Project and co-director of the Tax Policy Center, a joint venture with the Urban Institute.

Previously, Orszag, a graduate of Princeton University and the London School of Economics, served as a special assistant to President Clinton for economic policy and as a senior adviser on Clinton's Council of Economic Advisers.

Transition officials declined comment on Orszag.

Posted at 6:25 PM ET on Nov 18, 2008  | Category:  Cast of Characters
Share This: Technorati talk bubble Technorati | Tag in | Digg This
Previous: Clinton Takes the Lead -- on Health Insurance Reform | Next: Emanuel Bids House Dems Farewell, Promises $600K from Obama for DCCC

Add 44 to Your Site
Be the first to know when there's a new installment of The Trail. This widget is easy to add to your Web site, and it will update every time there's a new entry on The Trail.
Get This Widget >>


Please email us to report offensive comments.

If true, this is very very good news. I admire Cooper but Orszag would be a stellar addition to the Obama economic crisis team.

Posted by: commeca | November 18, 2008 9:29 PM

The comments to this entry are closed.


© 2009 The Washington Post Company