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Peter R. Orszag

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Outgoing director of the Office of Management and Budget, Peter Orszag after President Obama signed the Improper Payments Elimination and Recovery Act in a ceremony at the White House in Washington, Thursday, July 22, 2010. (AP Photo/Pablo Martinez Monsivais)

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Outgoing director of the Office of Management and Budget, Peter Orszag after President Obama signed the Improper Payments Elimination and Recovery Act in a ceremony at the White House in Washington, Thursday, July 22, 2010. (AP Photo/Pablo Martinez Monsivais)

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President Obama's top budget official, Peter Orszag, plans to step down later this year, White Houses sources said Tuesday, June 22, 2010. (AP Photo/Carolyn Kaster)

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IN THE LINE OF FIRE: Office of Management and Budget chief Peter R. Orszag (left) and Treasury Secretary Timothy F. Geithner confer in March 2010 before testifying to a congressional panel. *FILE PHOTO* (Bloomberg News)