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Peter Orszag

When the Government Compounds Crimes Rather Than Fights Them: Mortgage Fraud

Danny Schechter | Posted 05.14.2014 | Politics
Danny Schechter

We were all victims of the financial crisis that began in 2007 (not 2008), but some of us suffered more than others. And, hundreds of millions of us are still living with the painful aftermath as its consequences began to be felt worldwide.

What One Washington Could Learn From the Other About Reducing Health Care Spending

Wendell Potter | Posted 10.06.2013 | Politics
Wendell Potter

Health policy experts have long contended that one of the key reasons the Medicare program will eventually run out of money is because of the outsized influence lobbyists for health special interests have in Washington.

Ex-Obama Budget Director Bashes Democrats

The Huffington Post | Bonnie Kavoussi | Posted 03.20.2013 | Business

The public largely blames Congressional Republicans for recent automatic spending cuts, which are projected to slow the economy and eliminate hundreds...

Romney: Obama Gets No Credit For Stopping Recession From Going Further

The Huffington Post | Sam Stein | Posted 09.10.2012 | Politics

WASHINGTON -- In an interview with a local Virginia television station on Sunday, Mitt Romney went further than normal in criticizing the president's ...

Former Obama Advisor Slams Paul Ryan's Medicare Plan

The Huffington Post | Bonnie Kavoussi | Posted 08.21.2012 | Business

Obamacare architect Peter Orszag says that Paul Ryan's mistaken belief in the "health care competition tooth fairy" has resulted in a "flawed" Medicar...

Jennifer Bendery

Former Obama Adviser Predicts GOP Can't Gut Health Care Law

HuffingtonPost.com | Jennifer Bendery | Posted 07.02.2012 | Politics

WASHINGTON -- Former White House budget director Peter Orszag said Monday that it's possible, given a particular outcome in the November elections, th...

Latino Children Shouldn't Be a Political Piñata

National Council of La Raza | Posted 08.14.2012 | Latino Voices
National Council of La Raza

At a time when we should be investing in these children because they will be our future workers and leaders, Senator Sessions is showing the Hispanic community just how much he cares about our younger generations by doing the exact opposite.

The White House Is Worth How Much?

The Huffington Post | Harry Bradford | Posted 05.07.2012 | Business

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...

Sam Stein

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

HuffingtonPost.com | Sam Stein | Posted 02.24.2012 | Politics

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...

Obama's Economic Team Was Divided Over Stimulus Spending

The Huffington Post | Bonnie Kavoussi | Posted 01.23.2012 | Business

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...

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

Posted 01.11.2012 | Business

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...

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

Dan Froomkin | Posted 01.31.2012 | Politics
Dan Froomkin

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.

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

Bob Greenstein | Posted 01.22.2012 | Politics
Bob Greenstein

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.

Behind The Bipartisan 'Austerity Class' That Rules Washington

The Nation | Ari Berman | Posted 12.20.2011 | Politics

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...

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

Arianna Huffington | Posted 09.24.2011 | Politics
Arianna Huffington

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.

Sam Stein

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

HuffingtonPost.com | Sam Stein | Posted 07.26.2011 | Politics

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

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

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

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.

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

Steve Clemons | Posted 05.25.2011 | Politics
Steve Clemons

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.

Citigroup Hires Peter Orzag, Former Obama OMB Chief

Posted 05.25.2011 | Business

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...

Citigroup Reportedly In Talks To Hire Peter Orszag

BusinessWeek | Bradley Keoun | Posted 05.25.2011 | Business

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

Financial Socialism by and for Wall Street Elites?

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

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?

Open Up the Revolving Door

Preeti Vissa | Posted 05.25.2011 | Business
Preeti Vissa

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.

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

Richard (RJ) Eskow | Posted 05.25.2011 | Business
Richard (RJ) Eskow

"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.

Wall Street's Ten Biggest Lies for 2010

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

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.

In Money-Changers We Trust

Robert Scheer | Posted 05.25.2011 | Politics
Robert Scheer

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.