Peter R. Orszag
Director of the Congressional Budget Office
Background
Peter Orszag is currently the Director of the Congressional Budget Office, where he is responsible for ensuring that all duties of the organization, as specified by law, are performed effectively, appropriately, and in a timely manner. The Director regularly consults with the budget committees to ensure that the agency's work and capacities meet and keep pace with Congressional demands.
Prior to his position with the CBO, Dr. Orszag was the Joseph A. Pechman Senior Fellow in Economic Studies at The Brookings Institution. Dr. Orszag has a wide range of research interests, including aging, budget policy and politics, financial markets, pensions, and tax policy. Before joining Brookings in 2001, Dr. Orszag was an adjunct member of the economics faculty at the University of California at Berkeley. He previously served as Special Assistant to the President for Economic Policy at the White House, where his portfolio included Social Security. He has also served as an economic adviser to the Russian Government, and as Senior Economist and Senior Adviser on the President's Council of Economic Advisers.
Dr. Orszag earned his B.A. from Princeton University, and an M.Sc. and Ph.D. in Economics from the London School of Economics, which he attended as a Marshall Scholar.
Research Projects for the Center for Retirement Research
Completed
"Should a Lump-Sum Payment Replace Social Security's Delayed Retirement Credit?" Issue in Brief, #6, April 2001.
"Does the Social Security Earnings Test Affect Labor Supply And Benefits Receipt?" (with Jonathan Gruber), Working Paper, #2000-07, November 2000.
"What to Do About the Social Security Earnings Test?" (with Jonathan Gruber), Issue in Brief #1, July 1999.
Ongoing
Dr. Orszag is currently involved in the Center's research activities through consultation and participation in conferences.
Selected Publications
- Orszag, Peter and Joseph E. Stiglitz. Forthcoming. "Rethinking Pension Reform: Ten Myths about Social Security Systems." In Robert Holzman and Joseph Stiglitz, eds., New Ideas about Old Age Security. The World Bank.
- Orszag, Peter, J. Michael Orszag. Forthcoming 2000. "The Benefits of Flexible Funding: Implications for Pension Reform in an Uncertain World." In Annual Bank Conference on Development Economics. The World Bank.
- Orszag, Peter. 1999. Administrative Costs in Individual Accounts in the United Kingdom. Washington, DC: Center on Budget and Policy Priorities (March).
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