Peter Orszag, the economist who ran President Obama's budget office and was a key player in shaping the Dems' big health-care bill, is planning to step down this summer, Bloomberg News reports.
In recent debates within the administration, he's argued for cutting the deficit rather than expanding stimulus spending and tax cuts, the NYT says.
Orszag has been in the job for a year and a half — a typical tenure for a budget director, according to NPR. The NYT says he never planned to stay for more than two years.
He'll probably go work for a think tank, according to Bloomberg News. The WSJ lists some potential successors being vetted by the White House.
Unless something unexpected happens in the next few weeks, Orszag will be the first cabinet member to leave the administration.
In a profile last year, Rahm Emmanuel told the NYT that Orszag "made nerdy sexy." A few months later, Orszag had a baby with a Greek shipping heiress, and got engaged to an ABC news reporter.
Here's Orszag talking policy on 'The Daily Show' last year:
And here's Jon Stewart on Orszag's romantic life: