Peter Orszag
![Peter Orszag](/assets/img/authors/peter-orszag.jpg)
Peter Orszag
Peter Richard Orszagis an American banker and economist, and a Vice Chairman of investment banking and Managing Director at Lazard. He is also a columnist at Bloomberg View and a Nonresident Senior Fellow at the Brookings Institution...
NationalityAmerican
ProfessionEconomist
Date of Birth16 December 1968
CountryUnited States of America
reflects requires spending
Well, a deficit reflects an imbalance between spending and revenue, and so narrowing it requires acting on one, the other or both.
deficits
Well, I think what we need to remember is that budget deficits can impede economic activity.
faces security social
Social Security faces a long-term actuarial deficit, yes.