Topic: Office Of Management And Budget

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Episode 73 30:34 - 35:00

73: Save or Create

Peter Orszag, Central Bank of Iceland, White House Transparency

Peter Orszag, the Director of the Office of Management and Budget, is scrutinized for his previous role as an advisor to the Central Bank of Iceland prior to its economic collapse. His memo regarding the American Recovery and Reinvestment Act is critiqued for its use of vague language like "reasonable" and "mitigated" regarding fraud and waste.