Obama named Peter Orszag as his budget director ...and said his job will be to conduct a thorough review of federal spending programs, "eliminating those programs we don't need and insisting that those we do need operate in a cost-effective way." With the economy in crisis, Obama said, "Budget reform is not an option. It's a necessity." Obamaâ€™s challenge: Stimulus and cut budget - Economy in Turmoil- msnbc.com If you heard the speech, you get the feeling Barrack isn't playing around. It's no brag, just fact. He said, "just because something is hidden in the budget this year, does not mean it will be in next year's budget". He said, "I hired Peter because he knows where the bodies are buried"!!! YES WE CAN!!!