Peter Orszag

The White House Is Worth How Much?

The Huffington Post | Harry Bradford | Posted 05.07.2012

Read More: White House, movoto.com, Jan Brewer, 10 Downing Street, Video, one57 Penthouses, Koitz Group, President Obama, Buckingham Palace, Peter Orszag, Fleur De Lys Mansion, Journal Constitution, Jim Kimsey, Forbes, Business News

There may be only two ways to live in a house worth more than $100 million: Become super rich or get elected President. The White House is worth an...

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Peter Orszag, Former Top Obama Adviser, Takes Issue With Critical Book

HuffingtonPost.com | Sam Stein | Posted 02.24.2012

WASHINGTON -- One of President Barack Obama's former top advisers is taking issue with his portrayal in a new book exploring the economic team's inter...

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Obama's Economic Team Was Divided Over Stimulus Spending

The Huffington Post | Bonnie Kavoussi | Posted 01.23.2012

Read More: Christina Romer, Larry Summers and Barack Obama, Video, Economic Stimulus Package, Rahm Emanuel, Stimulus Package, President Barack Obama, President Obama, Larry Summers, Peter Orszag, Stimulus, Barack Obama, Business News

When the newly elected President Obama took his place in the White House early in 2009, so too arrived a vocal economic team at odds over the politic...

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From Wall St. To Washington: Famous Moments In Revolving Door History

Posted 01.11.2012

Read More: Bill Clinton, Treasury Department, Financial Reform, George W. Bush, Wall Street Reform, Bill Daley, Peter Orszag, Mark Patterson, Jack Lew, Barack Obama, Robert Rubin, Washington Wall Street, Wall Street, Wall Street Regulation, Rahm Emanuel, Henry Paulson, Robert Steel, Financial Regulation, Business News

Want to get to Washington? Try going through Wall Street. As a look at any recent presidential administration will show, people move between the two w...

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Suskind's Confidence Men Raises Questions About Obama's Credibility

Dan Froomkin | Posted 01.31.2012

Read More: Robert Rubin, Confidence Men, Ron Suskind, Tim Geithner, Larry Summers, Bill Daley, Peter Orszag, Jack Lew, Gene Sperling, Barack Obama, White House Economic Team, Politics News

The higher Barack Obama soars with his populist rhetoric, the more he calls attention to the enormous gap between the promise of hope and change that he campaigned on in 2008 and the actions he has taken as president -- especially regarding the economy.

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Orszag Is Right: Locking in Bush Tax Cuts Not Worth a $1.2 Trillion Super Committee Deal

Bob Greenstein | Posted 01.22.2012

Read More: Taxes, Deficit, Congress, Supercommittee, Center on Budget and Policy Priorities, Peter Orszag, Pat Toomey, Bush Tax Cuts, Federal Budget, Super Committee, Politics News

A super committee agreement that locked in unaffordably low tax rates and made it more difficult to raise additional revenues in the future would set back the cause of deficit reduction.

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Behind The Bipartisan 'Austerity Class' That Rules Washington

The Nation | Ari Berman | Posted 12.20.2011

In September the Committee for a Responsible Federal Budget (CRFB), a bipartisan deficit-hawk group based at the New America Foundation, held a high-p...

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The Debt Ceiling Impasse: The Myth of Grand Bargains and Win-Win Unicorns

Arianna Huffington | Posted 09.24.2011

Read More: Debt, Deficit, Jobs Crisis, Debt Ceiling Talks, Unemployment, National Debt, Barack Obama, Greece, Debt Ceiling, Jobs, Larry Summers, Peter Orszag, Ben Bernanke, Obama Debt Ceiling, Republicans, Politics News

There is still no deal in the debt ceiling impasse between Congressional Republicans and the president, so we can't say who "won." But we can definitely say who lost: America.

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Former Budget Director Reveals 'Biggest Gap' In Obama Health Care Law

HuffingtonPost.com | Sam Stein | Posted 07.26.2011

Read More: Obama Tort Reform, Orszag Health Care, Health Care Law, Tort Reform Obama, Orszag Tort Reform, Peter Orszag Citigroup, Peter Orszag, Health Care Tort Reform, Politics News

WASHINGTON -- Perhaps no Obama administration official who helped craft the Affordable Care Act had a larger imprint -- save the president himself -- ...

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The United States Isn't a Company and It Isn't a Family -- It's a Country.

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Jacob Lew, Peter Orszag, Alan Simpson, Mary Meeker, Budget, Deficits, National Deficit, Politics News

If I had a nickel for every time I've heard the misleading analogies comparing government finances to that of a family or corporation, I'd have enough money to buy Alan Simpson a cow.

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Eva Peron Wins: The Pretension of a 'Savings Lottery'

Steve Clemons | Posted 05.25.2011

Read More: Savings Lottery, New America Foundation, National Savings, Lotteries, Eva Peron, Budget, Unbanked, Debt Politics, Peter Orszag, Reid Cramer, Savings, Ray Boshara, Barack Obama, Politics News

Suggesting that America's savings problem be solved by establishing an Eva Peron-style lottery incentivizing those with little to save doesn't understand the dynamics at play in the American economy today.

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Citigroup Hires Peter Orzag, Former Obama OMB Chief

Posted 05.25.2011

Read More: Peter Orszag, Vice Chairman of Global Banking, Investment Banking Relationships, Citigroup, Business News

NEW YORK/CHARLOTTE, N.C., Dec 9 (By Maria Aspan and Joe Rauch) - Citigroup Inc named U.S. President Barack Obama's former budget director as a senior...

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Citigroup Reportedly In Talks To Hire Peter Orszag

BusinessWeek | Bradley Keoun | Posted 05.25.2011

Read More: Citigroup, Peter Orszag Citigroup, Peter Orszag, Business News

Dec. 1 (Bloomberg) -- Citigroup Inc., recovering from its $45 billion bailout in 2008, is in advanced talks to hire former White House Budget Director...

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Financial Socialism by and for Wall Street Elites?

Les Leopold | Posted 05.25.2011

Read More: Goldman Sachs, JP Morgan, Unemployment, Wall Street Crisis, Wall Street, Hedge Funds, Financial Reform, Financial Crisis, Peter Orszag, Billionaires, Wall Street Bonuses, Citigroup, Great Depression, Business News

Mainstream economists claim that your income reflects the economic value you produce -- at least in free and open markets. So why do people in the financial sector make so much more money than the rest of us?

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Open Up the Revolving Door

Preeti Vissa | Posted 05.25.2011

Read More: Banking, Henry Paulson, Goldman Sachs, Peter Orszag, Wall Street, Diversity, Barack Obama, Inside Job, Financial Reform, Business News

Instead of just griping about the revolving door, let's expand the talent pool and bring in the voices that have been shut out. Ultimately, everyone will be better off.

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New Year's Slideshow: Choose the Year's Most Absurd Comment From a "Financial Wizard"

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Lloyd Blankfein, Mortgage Bankers Association, Robert Rubin, Slidepollajax, Financial Crisis, Peter Orszag, Jamie Dimon, Business News

"I know it's become part of the narrative that people knew what was going to happen at any minute. We never knew what was happening at any minute." That's Goldman CEO Lloyd Blankfein. Now he tells us.

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Wall Street's Ten Biggest Lies for 2010

Les Leopold | Posted 05.25.2011

Read More: Lloyd Blankfein, Wall Street Bailout, The Great Depression, Unemployment Rate, President Obama, Wall Street Reform, Larry Summers, Peter Orszag, Billionaires, Goldman Sachs, JP Morgan, Wall Street Crisis, Unemployment, Wall Street, Steven Schwarzman, Timothy Geithner, Wall Street Bonuses, Citigroup, Business News

Before we completely forget that Wall Street is largely responsible for the economic mess we're in, let's revisit Wall Street's greatest fabrications for 2010.

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In Money-Changers We Trust

Robert Scheer | Posted 05.25.2011

Read More: Morgan Stanley, Timothy Geithner, Goldman Sachs, New York Fed, Bill Clinton, Hamilton Project, Aig, Peter Orszag, Citigroup, Politics News

In a parallel universe lives Peter Orszag, Obama's former budget director and key adviser, who has passed through that revolving platinum door linking the White House with Wall Street.

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Peter Orszag's Move From The White House To Citigroup Should Definitely Trouble You

HuffingtonPost.com | Jason Linkins | Posted 05.25.2011

Read More: Eat the Press, Lobbyists, Revolving Door, Peter Orszag, Citigroup, Business News

Orszag brings a lot of government connections to the table at Citigroup. It's stuff that Citigroup totally wants, and Citi has already come to realize some of the value of what Orszag has in his pocket.

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Wall Street Whups Obama; Obama Whups Us?

Les Leopold | Posted 05.25.2011

Read More: Citigroup, Public Employees, Wall Street Bonuses, President Obama, Tax Cuts for the Rich, Unemployment, Tax Loopholes, Wall Street Crisis, Governor Chris Christie, Financial Crisis, Peter Orszag, Billionaires, Democratic Party, Great Depression, Business News

The sad truth is that Obama's economic policies will do a great deal for the very rich and very little for the rest of us.

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Peter Orszag Outlines '34-Vote Strategy' For Resolving Bush Tax Cuts Debate

HuffingtonPost.com | Sam Stein | Posted 05.25.2011

Read More: Obama Bush Tax Cuts, Peter Orszag, Obama Tax Cuts, Peter Orszag Senate, Peter Orszag Tax Cuts, Peter Orszag 34 Votes, Politics News

WASHINGTON -- With time running out for Congress to act on the expiring Bush tax cuts, a vocal group of sober-minded economists are raising concerns a...

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We Don't Need Your Help "Saving" Social Security

Monique Morrissey | Posted 05.25.2011

Read More: Social Security, Strengthen Social Security, Peter Orszag, Alan Simpson, Erskine Bowles, Economic Policy Institute, Business News

"No more benefit cuts" is actually a middle-ground position, since benefits were already cut back in the last Social Security overhaul in 1983. Under normal circumstances, Democrats should be seeking to reverse the 1983 cuts, not add to them.

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The Six Percenters

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Social Security, Six Percenters, Erskine Bowles, David Axelrod, Five Percenters, Peter Orszag, Alan Simpson, Campaign for America's Future, CBS News Post-Election Poll, Politics News

Only 6 percent of Americans think Congress should concentrate on reducing the deficit. 56 percent want it to focus on creating jobs. Guess which set of policies is the center of attention in Washington right now?

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No Summers Love-In: New Book Paints Unflattering Picture Of Summers

HuffingtonPost.com | Sam Stein | Posted 05.25.2011

Read More: Financial Reform, Epa, Wall Street Reform, Larry Summers, Peter Orszag, Paul Volcker, Cass Sunstein, Christina Romer, Obama White House, Economic Policy, Cfpb, Richard Wolffe, Banks, Timothy Geithner, Revival, Politics News

In a soon-to-be-released book about the inner workings and turmoil that dominated the Obama administration's first two years in office, one figure eme...

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A Collegial Question for Peter Orszag (and Alan Simpson, and Alice Rivlin, and... )

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Social Security, Peter Orszag, Alice Rivlin, Alan Simpson, Erskine Bowles, Social Security Administration, Cutting Social Security, Social Security Crisis, Social Security Privatization, Social Security Benefits, Politics News

I'd like to pose this question to everyone who has proposed cutting Social Security benefits: Why are you against this simple, clean, and popular idea? It's a sincere question. I'd really like to know.

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