why the fuck is Peter Orszag of OMB even commenting on this ?
asked Compound F, earlier today.
I picked this off of google cache, written post election, Nov 18 2008, marcambinder.theatlantic.com/archives
Obama Wants Orszag At OMB
18 Nov 2008 03:05 pm
Barack Obama has tapped CBO director Peter Orszag to be director of the Office of Management and Budget, my collegues at National Journal report today.
He’s a youngish overachiever, just 40, and subscribes to the theory of what he once called “cool-headed, warm-hearted” economic policy. Judging by his blog, Orszag has smart and interesting things to say about the intersection of psychology and economics, the long-term vs. short-term effects of climate change legislation, honest budgeting and accounting, and lots more.
OMB is the executive branch’s budgetary arm and management oversight evaluator. The director serves as a key presidential adviser on the economy and is responsible for projecting the fiscal consequences of any presidential decision. OMB would figure out how much Barack Obama’s health care plan will cost, for example, as it gets introduced in Congress. It’ll score every bill that Congress sends to Obama. It’s the repository of policy, responsible for official statements. More to the point, though, is that OMB will administer Obama’s transparency agenda. Regulatory reform will originate at OMB.
HuffPo has been following Orszag’s love life, the love child with the Greek tycoon heiress, and the engagement to the drop dead gorgeous young Russian born ABC news “financial reporter.”