Orszag to resign as White House budget director

Apparently, White House budget director Peter Orszag has decided to leave the Obama administration, likely in the next few weeks. His departure would make him the first member of President Obama's Cabinet to leave the White House.

As head of the Office of Management and Budget, Orszag has been one of Obama's top lieutenants on two of the president's signature legislative efforts: the stimulus bill, passed early in the administration, and the health care overhaul passed this year. An administration official suggested privately that Orszag might delay his departure until the OMB issues its "mid-session review," or the revised estimates of budget receipts, outlays and budget authority for fiscal 2010 to 2020. That review is due July 15.