Posted by James O'Rourke on November 26, 2008
He Announces Two More Officials On Economic Team
By Dan Eggen and Michael A. Fletcher
Washington Post Staff Writers
Wednesday, November 26, 2008; Page A03
In his second news conference in as many days, President-elect Barack Obama continued his assertive approach to the nation’s financial woes, naming two more top economic officials and promoting a broad array of recovery plans he intends to push upon entering the White House in January.
Claiming a “mandate to move the country in a new direction,” Obama promised to make major cuts in the federal budget to help pay for his proposed stimulus package. He appears poised to play an increasingly high-profile role in trying to reassure consumers and the financial markets, in the process overshadowing President Bush, even though the incumbent has released more than $1.4 trillion in the past two days to spur the economy. Read the rest of this entry »
Posted in Issues | Tagged: Obama, Peter R. Orszag | Leave a Comment »
Posted by James O'Rourke on November 26, 2008
Position Expected to Have Broader Role
By Ceci Connolly
Washington Post Staff Writer
Wednesday, November 26, 2008; Page A03
Not long ago, the men and women minding the federal budget were pure number crunchers. But in choosing Peter R. Orszag to run the Office of Management and Budget, President-elect Barack Obama indicated yesterday that the job will have a more expansive portfolio in his administration.
Orszag will take on the traditional duties of overseeing the federal budget and weighing in on economic policy, but he will also help shape new approaches on health care, education and the environment, Obama said.
“It’s said that a nation’s budget reflects its values and its priorities,” he said. “I believe that’s true. And I know that Peter will bring to his work at the OMB a set of priorities that I and the American people share.” Read the rest of this entry »
Posted in Issues | Tagged: Obama, Office of Management and Budget, OMB | 2 Comments »
