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Budget Director Orszag Stepping Down

Senior official's departure expected as soon as next month

By Rob Quinn,  Newser Staff

Posted Jun 21, 2010 11:04 PM CDT | Updated Jun 22, 2010 5:30 AM CDT

(Newser) – White House Budget Director Peter Orszag is planning to leave the administration, Democratic officials say. Orszag will be most senior official to leave the Obama team and his departure could come as soon as next month, insiders tell the Wall Street Journal. Orszag, a former director of the Congressional Budget Office, was key to steering the economic stimulus package through Congress and shaping the health care reform package.

Orszag will be marrying ABC News business reporter Bianna Golodryga this fall and "restarting his life," a source close to the budget director says. The White House is already vetting possible successors to Orszag, including Clinton administration economist Laura Tyson, who is professor and former dean at the University of California's Haas School of Business.

President Obama pats Budget Director Peter Orszag on the back as he walks to the podium to speak at the opening session of the Forum on Modernizing Government earlier this year.
President Obama pats Budget Director Peter Orszag on the back as he walks to the podium to speak at the opening session of the Forum on Modernizing Government earlier this year.   (AP Photo/Alex Brandon)
Budget Director Peter Orszag testifies on Capitol Hill before the House Budget Committee hearing on President Obama's fiscal 2011 federal budget.
Budget Director Peter Orszag testifies on Capitol Hill before the House Budget Committee hearing on President Obama's fiscal 2011 federal budget.   (AP Photo/Lauren Victoria Burke)
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COMMENTS
Showing 3 of 16 comments
JohnEd
Jun 22, 2010 5:05 PM CDT
oh yeah...Bush's fault!!!
JohnEd
Jun 22, 2010 5:04 PM CDT
...managed that one, huh? Maybe he'll get a Noebell prize too!
HANKHILL
Jun 22, 2010 2:46 PM CDT
budget we have a budget
 

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