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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Peter Orszag

Peter Orszag stories: 14 news summaries


 Record $1.4T Deficit 
 Imperils Recovery 

Gap dwarfs FY2008 figure, spells trouble for new stimulus plans

(Newser) - The federal deficit in the fiscal year that ended Sept. 30 was $1.4 trillion, lower than projected but still a record. At 10% of GDP, the figure is the largest since 1945, when the deficit was 21.5% of GDP. The figure made public today coincides with early rumblings... More »

 Rahm Leads 
 List of DC 
 Power Hitters 
 

Gates No. 2 in poll of the capital's most powerful people, from pols to stylists

(Newser) - Scratch the names Obama and Biden from the list and it's Rahm Emanuel who carries the most clout in a city packed with power-brokers, according to a GQ poll of Washington insiders. The "ruthlessly pragmatic" White House chief of staff is a lot more than just a gatekeeper to... More »

MORE ABOUT:
Hillary Clinton Ben Bernanke Dick Cheney Washington DC Rahm Emanuel David Axelrod Peter Orszag

CBO Slams Dem Move to Lower Health Costs

Nonpartisan group
says Medicare panel would save little cash

(Newser) - A White House proposal to give an independent panel the power to rein in Medicare spending would save the country almost no money over 10 years, the Congressional Budget Office declared today. The nonpartisan group’s findings—that savings would total only $2 billion from the $1 trillion program—dealt... More »

TALK SHOW ROUNDUP

 McConnell: 
 Health Plan 
 'Not Good' for US 

Republican leader says nation already has quality care

(Newser) - The fight over health care got even testier today when Mitch McConnell said Republicans wouldn’t support President Obama’s reform plan. “It’s not good for the country,” the Senate minority leader told Meet the Press. “We have quality health care now. We do not have... More »

 10 Who Can Make or 
 Break Health Reform 

Who to watch as debate rages on Capitol Hill

(Newser) - As health care talk heats up in Washington, Mark Halperin of Time lists the key players to watch:
  • Sen. Max Baucus is trying to wring out as much GOP support as possible on his finance panel.
  • White House health czar Nancy-Ann DeParle has been winning concessions from the
... More »

ANALYSIS

Third Emanuel Brother Key to Health Reform

The eldest, Zeke,
goes from bioethicist
to administration guru

(Newser) - Zeke Emanuel may not get the press brothers Rahm and Ari do, but he’s a figure to watch as the health-care reform debate heats up, the New Republic reports. As head of the National Institute of Health’s bioethics division, Emanuel became one of the most influential bioethicists in... More »

OPINION

To Cut Deficit, Rein in Health Costs: Orszag

Budget director makes White House's case
for cutting expenses

(Newser) - With the future of Medicare and Social Security in the headlines, the Obama administration is jumping at the chance to push its health care reform agenda. Up today: budget director Peter Orszag. "Slower growth rate in overall health-care spending would help to promote and sustain a slowdown in... More »

analysis

 Health Care Reform: 
 What We Can Agree On 

High costs hurt all of us—here's how we can cut them

(Newser) - The issue of health care reform crops up regularly, then disappears—but now it may have a foothold, writes Karen Tumulty in Time. That’s because the focus of the issue is on the current system’s huge cost to everyone. Much of the spending may be unnecessary, and a... More »

 Dems Slash 
 Obama's 
 Budget 

Congressional Dems scrap future plans to bail out financial sector

(Newser) - Democratic leaders trying to trim the federal deficit have taken a hatchet to President Obama's budget plan, reports the Washington Post. Congressional Democrats are expected to formally announce plans today to cut hundreds of billions of dollars from the budget over the next five years, and eliminate plans to steer... More »

(Newser) - The federal budget deficit will surpass $1.8 trillion during the current fiscal year, the Congressional Budget Office said today. The figure far outstrips the previous estimate of $1.2 trillion and spells trouble for President Obama's proposed budget, the Wall Street Journal reports, but the White House budget director... More »

TALK SHOW ROUNDUP

 McCain to Obama: 
 Veto Stimulus Bill 

Rush isn't GOP's leader: Gingrich; Stem-cell reversals a 'distraction:' Cantor

(Newser) - Now that the battle over the stimulus bill is over, John McCain has one request for President Obama: Veto it. “We fought a good fight,” the Arizona senator conceded on Fox News Sunday, saying the $410 billion bill would likely pass the Senate despite those efforts. McCain... More »

MORE ABOUT:
Barack Obama John McCain Newt Gingrich Rush Limbaugh John Boehner 2009 budget Peter Orszag

(Newser) - Barack Obama today announced a plan to clean up waste in federal contracts, a set of reforms he believes will save taxpayers up to $40 billion a year, the Washington Post reports. Flanked by spending hawks John McCain and Carl Levin, Obama said his budget manager is drafting “... More »

TALK SHOW ROUNDUP

Iraq Timetable Unlikely to Change: Gates

Limbaugh the 'intellectual force' behind GOP: Emanuel

(Newser) - It’s “fairly remote” that deteriorating conditions in Iraq will delay President Obama’s withdrawal timetable, Robert Gates told NBC’s Meet the Press. The defense secretary also insisted that the US military will achieve “significant success” once it leaves Iraq. As for his bosses, Gates said Obama... More »

MORE ABOUT:
Robert Gates Rush Limbaugh Jon Kyl Rahm Emanuel Iraq war George W. Bush Peter Orszag

Obama Budget Taxes Wealthy
to Expand Health Care

Projects deficit will
soar to $1.75T

(Newser) - President Obama's budget plan, which he delivers to Congress today, attempts to balance a broad spending program with a commitment to slash the deficit in half by the end of his first term. It calls for tax increases on the wealthy and spending cuts to fund a "down payment"... More »

MORE ABOUT:
Barack Obama cap and trade budget tax cuts health care reform 2009 budget Obama administration Peter Orszag

14 Stories