Peter Orszag

Peter Orszag is the current Director of the Congressional Budget Office (CBO), and has accepted the post of the Director of the Office of Management and Budget (OMB) in the Obama administration.The New York Times: The New Team: Peter R. Orszag (November 18, 2008)

On December 29, 2009, it was announced that Orszag was engaged to ABC News financial correspondent Bianna Golodryga.http://abcnews.go.com/GMA/bianna-golodryga-announces-engagement-peter-orszag-gma/story?id=9436757 Just a month after their engagement was announced, a story in the New York Post alleged that Orszag had a 'love child' with ex-girlfriend, Greek heiress Claire Milonas, born on November 17, 2009. The rumors of the so called 'love-child' made headlines on January 7, 2010.http://www.nypost.com/p/news/national/prez_man_love_child_bn3gGiF1FfbfFs6dlDS4JK

Life and Career

Orszag is a veteran of the Clinton administration, having served as an economic advisor to Clinton and previous to that on Clinton's Council of Economic Advisers. After leaving the White House, Orszag joined the Brookings Institution where he was part of the Hamilton Project. When Democrats took control of the House of Representatives in 2007, Orszag was named the Director of the Congressional Budget Office. Born in 1968, Orszag is divorced and has two children.The New York Times: The New Team: Peter R. Orszag (November 18, 2008)

Quotes

  • “Many observers have noted that addressing the problems in financial markets and the risks to the economy may displace health care reform on the policy agenda — and that may well be the case for some period of time. .... Although this may not seem immediately relevant given our current difficulties, it will be crucial to address the nation’s looming fiscal gap — which is driven primarily by rising health care costs — as the economy eventually recovers from this current downturn.”—Orszag, in an October 13, 2008 blog postThe New York Times: The New Team: Peter R. Orszag (November 18, 2008)

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