Peter Orszag: Can Budget and Trade Deficits Sink the U.S. Economy?
Do the growing budget and trade deficits pose a serious risk to the US economy? How and why will they be reduced? Is there a high probability of super inflation in the future? Is China’s control of over $1 trillion in US debt a cause for worry? Former U.S. Budget Director, Peter R.Orszag, will chat about these and other issues in a conversation with a leading financial journalist.
Mr. Orszag, vice chairman of corporate and investment banking and chairman of the financial strategy and solutions group at Citigroup, was previously President Barack Obama’s director of the Office of Management and Budget. He was the director of the Congressional Budget Office from 2007 to 2008. In the Clinton administration, he served as a senior economist at the Council of Economic Advisers from 1995 to 1996 and, in 1997, as top adviser to the director of the National Economic Council. He is an adjunct senior fellow at the Council on Foreign Relation and a Bloomberg columnist.
New York Times archive: Peter Orszag
Host: Chris Loomis
6:00pm: Wine Reception
6:30pm: Interview
Cost: Free for members; $25 for guests
Fees for this event will be billed to the member’s account.
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