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  • White House Budget Director Orszag Changes Tune… Now Says Deficits Are Bad (Video)
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White House Budget Director Orszag Changes Tune… Now Says Deficits Are Bad (Video)

WH Budget Director Orszag: "Deficits Are Good... We Need a Shared Sacrifice"

White House Budget Director Peter Orszag told Cavuto today: We need a "shared sacrifice"... Deficits are good.


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White House Budget Director Orszag Changes Tune… Now Says Deficits Are Bad (Video)

Today’s Hope and Change… White House Budget Director Peter Orszag warned about the serious and unsustainable national deficit today. The Hill reported: White House Budget Director Peter Orszag warned Tuesday that large federal deficits will eventually imperil the U.S. economy because they will lead to higher interest rates and more borrowing from overseas. Orszag, in a speech in New [...]

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After Tripling The Deficit, Obama Administration Trying To Change Its Tune On Deficits

Yesterday Obama told his economic advisory board that it’s “time to get serious” on budget deficits. Now one of his economic flaks is out repeating the message: White House Budget Director Peter Orszag warned Tuesday that large federal deficits will eventually imperil the U.S. economy because they will lead to higher interest rates and more borrowing from overseas. Orszag, in a speech in New York,...

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Change: WH Budget Director Orszag Now Says Deficits Are Bad

One day after top economic advisers met at the White House with President Obama to discuss strategies for creating jobs, the Office of Management and Budget Director Peter Orszag said that the Administration is increasingly concerned about the federal government's perilous fiscal situation as swelling deficits threaten the nation's long-term economic health. The Hill reported: White House Budget Director...