Say it ain’t so, Peter!
Bloomberg News and HuffPo reporting that the White House’s Budget director and bonne vivant “deficit hawk” (sic) Peter Orszag may be considering
taking the first lifeboat off the Titanic leaving President Barack Obama’s cabinet soon.
Orszag will make his decision soon, according to a person familiar with the matter, Bloomberg BusinessWeek will report in its April 26 issue. The 41-year-old budget director had been signaling to White House officials that he didn’t plan to remain for the next budget cycle, the person said.
Per Reuters, a spokesperson for the Office of Budget and Management, Kenneth Baer, said that it was merely “idle speculation” and that he was “focused on his job.”
The Obama Bipartisan “Debt Commission” is scheduled to meet at the White House next Tuesday the 27th.
The President is scheduled to speak, followed by remarks from Orszag and Ben Bernanke, the chairman of the Federal Reserve, who was roasted yesterday in a House hearing before the Financial Services Committee. Most inspiring video and transcript here: https://docudharma.com/diar…
No doubt Orszag, who has been following North Dakota Senator Kent Conrad’s conservative views on freezing the domestic budget (and blaming it for deficits) while expanding the military one, is not really looking forward to it as much as the Republicans are.
My earlier diary, on just “Who is Peter Orszag ? ” https://docudharma.com/diar…
Officially called the Bipartisan Commission on Fiscal Responsibility and Reform, the new fiscal watchdog grouping is intended to find ways to bring public spending in line with revenues and slim down massive government borrowing.
It is to offer recommendations to the White House by December 1 to get spending and income back into better balance so deficits fall to 3 percent of total national output by 2015.
Dont forget that War Supplemental Budget for FY 2011 is still pending before Congress and needs to be approved soon- what’s another $33 Billion for Afghanistan, and $159 billion for the rest of the mid eastern occupation, off the regular budget, between friends ?
Kewl. No wonder Arizona is leading the way on the plan to deport 20 million American residents who weren’t able to obtain legal status because of our border paranoia and chintzy, racist immigration laws. Because there is nothing like pandering to the mythology that if you just remove your scapegoat enemies from the territory, you’re going to solve all your own self made problems.