February 25th, 2009
03:59 PM ET
14 years ago

Orszag emerges from behind the scenes as budget is unveiled

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2009/POLITICS/02/25/peter.orszag/art.orszagwhitehouse.wh.jpeg caption="OMB Director Peter Orszag, to the right of President Obama, attends a meeting in the Oval Office."]WASHINGTON (CNN) - At 40, Peter Orszag is the youngest member of the Obama Cabinet and one of People magazine's "hottest." These days he's also front and center of the president's key policy initiatives.

Orszag, director of the Office of Budget and Management, will present the White House's first budget blueprint on Thursday. It will include spending cuts and the expiration of the Bush tax cuts, beginning the effort to halve the nation's deficit by the end of President Obama's first term.

Watch Obama lay out his budget priorities

In an interview in his White House office, Orszag told CNN, "We are not going to play the games that have been played in the past ... pretending that there will never be another hurricane, natural disaster... or assuming that a war can be ended instantaneously and there is no need to budget out your costs."

That means cuts to many departments. It's his job to inform Cabinet members about coming trims, which is why OMB directors sometimes have been called hatchet men.

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Filed under: Peter Orszag
soundoff (6 Responses)
  1. Griff............... on The Truth...

    Where else could Barack Obama have got his "Communication How-To, from???

    February 25, 2009 04:16 pm at 4:16 pm |
  2. Jackie in Dallas

    It's his job to be realistic, what a nice change. It is interesting to realize that the Iraqi war never showed up in any of President Bush's budgets. I guess he thought they'd pay for themselves...

    February 25, 2009 04:22 pm at 4:22 pm |
  3. Simmy

    The "People" have spoken, and I concur....He's hot to trot....Now put some of that heat into those budget cuts.

    February 25, 2009 04:23 pm at 4:23 pm |
  4. yuri

    Oh, Obama's Orszag, OMB's director, is ready, after numerous number-crunchin' ordeal, to present a budget for possible public view, sooner or later, we learn! Our guess is anybodyelse's, but if somebody has a suitable suggestion, that somebody, seemingly, shall have a right to let the budget staff know, if the idea is ideal. Let's wait 'n' see.

    February 25, 2009 04:24 pm at 4:24 pm |
  5. georgie

    but will he still build the train we don't need? will he still spend on saving the fish we don't care about? or will he make cuts else where to make money for these idiot ideas?

    February 25, 2009 04:26 pm at 4:26 pm |
  6. Sniffit

    Here we go...GOPers claiming that everything they dislike is "pork" because it's part of the Dem agenda, not their own, in 3...2...1...

    I suppose we could just waterboard them until they admit the War in Iraq is "pork"...

    February 25, 2009 04:30 pm at 4:30 pm |