peter orszag

Last week, MIT professor John Reilly called out Rep. John Boehner (R-Ohio) for intentionally misrepresenting Reilly’s cap-and-trade study to claim that President Obama’s emissions reduction scheme would cost American families more than $3,000 a year. “It’s just wrong,” Reilly told the St. Petersburg Times in reference to Boehner’s use of his study. “It’s wrong in [...]

Office of Management and Budget Director Peter Orszag kept up the pressure on Senate Republicans over the weekend by continuing to raise the possibility that the White House may use the filibuster-proof budget reconciliation process to pass comprehensive health care reform if the Republicans don’t show more flexibility.
From a Bloomberg report on Saturday.

Democrats probably won’t decide [...]

In a call with reporters this morning, Office of Management and Budget Director Peter Orszag conceded that cap-and-trade climate legislation would not be included in the federal budget, after congressional Democrats made cuts to the president’s budget proposal yesterday.
Orszag noted, however, that the Making Work Pay tax credit to low-income households — to be raised [...]

The Congressional Budget Office has conducted an analysis of President Obama’s budget proposal and now projects a $1.8 trillion deficit this year, up from a $1.2 trillion projection in January.
“As estimated by CBO and the Joint Committee on Taxation, the President’s proposals would add $4.8 trillion to the baseline deficits over the 2010–2019 period,” CBO [...]

A really good piece from The Washington Post yesterday points out that a ton of wasteful defense spending comes from congressional Democrats.
It was Democrats who stuffed an estimated $524 million in defense earmarks that the Pentagon did not request into the 2008 appropriations bill, about $220 million more than Republicans did, according to an independent [...]

Let the games begin.
Following yesterday’s  high-profile health reform summit at the White House, the Senate Finance Committee announced today that Peter Orszag, director of the White House Office on Management and Budget, is scheduled to appear before the committee Tuesday to continue the discussion.
Orszag is no stranger to Capitol Hill, nor the topic of health [...]

Michael Cohen at Democracy Arsenal looks at President Obama’s efforts to reform defense contracting and is less than impressed:
[W]hat goes unanswered is who is going to carry out the President’s orders. What is not included in the President’s plan is how he plans on dealing with the crisis in the government contracting workforce. Take the [...]

After President Obama outlined an ambitiously reasonable cap-and-trade program for reducing carbon emissions in his budget proposal last week, the White House made the mistake of sending an accountant to defend it on the Sunday chat shows.

Office of Management and Budget Director Peter Orszag — who was as involved as anyone with the drafting of the budget outline President Obama rolled out this morning — just held a conference call with progressive media outlets and bloggers, and I took the opportunity to ask him about cap-and-trade in the budget.
He explained the [...]