Washington (CNN) - President Barack Obama said Tuesday he will nominate Jacob J. Lew, a former director of the Office of Management and Budget, to again take that post.
If confirmed, Lew would succeed Peter Orszag as head of the White House budget team.
Lew held the same position in the administration of former President Bill Clinton from 1998-2001. Most recently, he has been the deputy secretary of state for management and resources in the Obama administration.
"The experience and good judgment Jack has acquired throughout his impressive career in the public and private sector will be an extraordinary asset to this administration's efforts to cut down the deficit and put our nation back on a fiscally responsible path," Obama said in a statement. "As the budget director who left the next administration a $237 billion surplus when he worked for President Clinton, I have no doubt that Jack has proven himself equal to this extraordinary task."
Another Harvard grad.....hasn't Obama, Kagan, etc...proven that we should no longer have faith in Harvard products? It's like buying tools made of Chinese steel; seems like a good idea, but the metal's highly contaminated and inferior...and eventually will give out and not live up to expectations.
"Lew held the same position in the administration of former President Bill Clinton from 1998-2001."
And as we all know, Clinton presided over unprecedented economic growth and activity and left us with a surplus. However, GOPers hate Clinton, so they will most likely find some asinine rationalization for flinging their ideological turds at this.
If Obama like him, I like him. OBAMA-Biden 2012
I am voting straight Democrat ticket in NOV, Repubs dont love America, only money.
No, our nation is not on a fiscally responsible path; we are in fact under Obama and Orszag headed for bankruptcy. And, no, it is not Bush's fault. It is the fault of the ever-spending democrat plan to bankrupt corporations and the wealthy and give even more to the non-producers in our country who pay no taxes at all - you know, the members of the democrap party. When we are all bankrupt like the current democrap party members are then the federal government will control us all. That is their plan. What hope and change!!!
Why bother. Didn't the current powers in Congress just "deem" a non-existent budget to be passed? Who needs a Budget Director when one doesn't exist... Pelosi can handle it, LOL. Pretty sad.....
Not the same situation, and the result will not be the same.
Besides, he will only have the job a short time, this round.
Jacob Lew is a great choice for OMB Director. He'll bring experience and a little fiscal conservatism to the table. I am just hoping that he'll be able to stop this Administration's runaway spending spree and help us get a surplus that had dwindled away under the Bush Administration and decimated and compounded by the Obama Administration.
And look on the brightside, in 2012 when Hillary Clinton runs for President, she'll have good people in place from her husband's administration. Sounds like a win win to me.
I wish Obama would stop taking people away from Hillary's state department.
The Only Real Question Is What Excuses Will Republicans Give For Obstructing Yet Another President Obama Cabinet Nominee!