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Obama’s Budget Director Orszag Plans to Leave Cabinet Position

White House Budget Director Peter Orszag plans to leave President Barack Obama’s Cabinet before the White House begins preparing its next budget, administration officials said.

Orszag, 41, considered leaving his post as director of the Office of Management and Budget in April and stayed on after an appeal from the president, the officials, who spoke on condition of anonymity, said. Orszag’s decision to leave in July will accelerate the process of picking a successor.