Budget Director Orszag Stepping Down

Senior official's departure expected as soon as next month
By Rob Quinn,  Newser Staff
Posted Jun 21, 2010 11:04 PM CDT
Updated Jun 22, 2010 5:30 AM CDT
Budget Director Orszag Stepping Down
President Obama pats Budget Director Peter Orszag on the back as he walks to the podium to speak at the opening session of the Forum on Modernizing Government earlier this year.   (AP Photo/Alex Brandon)

White House Budget Director Peter Orszag is planning to leave the administration, Democratic officials say. Orszag will be most senior official to leave the Obama team and his departure could come as soon as next month, insiders tell the Wall Street Journal. Orszag, a former director of the Congressional Budget Office, was key to steering the economic stimulus package through Congress and shaping the health care reform package.

Orszag will be marrying ABC News business reporter Bianna Golodryga this fall and "restarting his life," a source close to the budget director says. The White House is already vetting possible successors to Orszag, including Clinton administration economist Laura Tyson, who is professor and former dean at the University of California's Haas School of Business.
(Read more Peter Orszag stories.)

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