White House Budget Chief Is Leaving -- He espoused deficit reduction strategies vs. stimulus spending & tax cuts.

From The New York Times:

Peter R. Orszag will leave his job as the White House budget director in July, according to someone familiar with his plans, making him perhaps the first official to leave the Obama cabinet and removing a major player from President Obama’s economic team.

Mr. Orszag, an economist who previously spent nearly two years as director of the Congressional Budget Office, somewhat reluctantly accepted Mr. Obama’s invitation to join the cabinet after the 2008 election and never planned to stay more than two years.

In recent months, Mr. Orszag, 41, has espoused deficit reduction strategies in administration debates against those who pressed for more stimulus spending and tax cuts to keep the economy from slipping back into recession.