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(Image from article: "White House budget chief Orszag to step down: report")

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White House to nominate Clinton aide as next budget director

President Obama reached back to the financially happy days of Bill Clinton to pick the next budget director, announcing on Tuesday that Jacob Lew will be nominated for the key fiscal post.

White House budget chief Orszag to step down: report

White House Budget Director Peter Orszag plans to step down from his job in July, making him the first senior member of President Barack Obama's economic team to leave, the New York Times reported on Monday.

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