Peter Orszag

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OMB Director Focuses on Rescue, Recovery, and Reining in the Deficit at NYU

November 3, 2009 -- NEW YORK, N.Y.—Today, Office of Management and Budget Director Peter R. Orszag delivered a speech at New York University entitled "Rescue, Recovery, and Reining in the Deficit." Director Orszag’s appearance is sponsored by New York University and the Robert F. Wagner Graduate School of Public Service at NYU. His prepared remarks are below.

Thank you for that kind introduction; thank you, President Sexton, for the invitation to come speak here today, and thank you all for your warm welcome.    » read more »

White House Press Briefing By Press Secretary Robert Gibbs And OMB Director Peter Orszag

June 9, 2009 -- James S. Brady Press Briefing Room -- MR. GIBBS: It's my never-ending pursuit to try to bring maybe a special guest once every day this week. (Laughter.) So just once a day.

Q What are you paying them?

MR. GIBBS: Top dollar.

Before we get started, if you have PAYGO questions or want to talk about that, obviously Peter Orszag, OMB Director, will talk a little bit about PAYGO and take a few of your questions on that.

Peter.

DIRECTOR ORSZAG: Thank you, Robert. Glad to be here.    » read more »

OMB Clearing Up A Misconception: “Tax Hikes During A Recession”?

Peter Orszag, OMB Director

February 26th, 2009 -- "One of the questions I received throughout the day today, as we released the Fiscal Year 2010 budget, is why we are proposing to raise taxes on high-income taxpayers during a recession. And the answer is simple: we’re not.

First, the Recovery Act that was enacted earlier this month included $288 billion in tax reductions, as part of an overall effort to bolster the economy and help to fill in the "GDP gap" (the gap between how much the economy could produce and how much it is current producing). During a recession, we’re cutting taxes.    » read more »

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