Princeton Alumnus Said To Be Obamas Pick For Budget Director
This story was written by Josephine Wolff, The Daily Princetonian
Peter Orszag 91, Congress budget office chief, is rumored to be President-elect Barack Obamas choice for director of the Office of Management and Budget.
The New York Times and the Associated Press both reported Democratic sources saying that Orszag is likely to accept Obamas offer despite his initial reluctance to leave the budget office midway through his four-year term.
An economics major at Princeton, Orszag was an economist in Bill Clintons administration and later founded an economic consulting firm.
Projections for the fiscal year, which began Oct. 1, show an estimated $1 trillion budget deficit. Orszag declined to comment for this article.
UWIRE.com Peter Orszag 91, Congress budget office chief, is rumored to be President-elect Barack Obamas choice for director of the Office of Management and Budget.
The New York Times and the Associated Press both reported Democratic sources saying that Orszag is likely to accept Obamas offer despite his initial reluctance to leave the budget office midway through his four-year term.
An economics major at Princeton, Orszag was an economist in Bill Clintons administration and later founded an economic consulting firm.
Projections for the fiscal year, which began Oct. 1, show an estimated $1 trillion budget deficit. Orszag declined to comment for this article.
Popular in Politics
- Romney condemns "breach of trust" in Washington 180 Comments
- Officials on Benghazi: "We made mistakes, but without malice" 355 Comments
- IRS targeting overlooked biggest soft money groups 69 Comments
- For GOP, scandals could be an electoral plus - or minus 327 Comments
- Republicans use IRS scandal to tar Obamacare 40 Comments
- Ousted IRS chief: "I did not mislead" the American people
- Why Obama should worry that current scandals might impact 2016
- Immigration deal reached in House
