Tuesday, November 18, 2008

Government Runs How?

Since I know little more about the various governmental departments and offices, I thought that whenever I encounter info about it, I'd post it here.  It'll help me and help you.

Per Marc Ambinder at The Atlantic:
Barack Obama has tapped CBO director Peter Orszag to be director of the Office of Management and Budget, my collegues at National Journal report today.

He's a youngish overachiever, just 40, and subscribes to the theory of what he once called "cool-headed, warm-hearted" economic policy. Judging by his blog, Orszag has smart and interesting things to say about the intersection of psychology and economics, the long-term vs. short-term effects of climate change legislation, honest budgeting and accounting, and lots more.

OMB is the executive branch's budgetary arm and management oversight evaluator. The director serves as a key presidential adviser on the economy and is responsible for projecting the fiscal consequences of any presidential decision. OMB would figure out how much Barack Obama's health care plan will cost, for example, as it gets introduced in Congress. It'll score every bill that Congress sends to Obama. It's the repository of policy, responsible for official statements. More to the point, though, is that OMB will administer Obama's transparency agenda. Regulatory reform will originate at OMB. 
Good man to keep track of.

2 comments:

  1. Anonymous7:41 AM

    OBAMA OBAMA OBAMA !!!!

    ReplyDelete
  2. Anonymous7:42 AM

    Obama is the king!

    ReplyDelete