Peter Orszag's first opinion piece in the New York Times has certainly made a splash, hasn't it? Media outlets are hyping that the former head of the Office of Management and Budget (OMB) has come out in defiance of the White House to argue that Congress should extend all the Bush Tax Cuts. Take a closer look at Orszag's column, though, and one will recognize this meme as a silly controversy distracting from the real issue raised in the piece.

It wasn't three weeks ago that Earl Devaney, head of the Recovery Accountability and Transparency (RAT) Board, told Congress that conducting oversight of Recovery Act funds was unnecessarily burdensome due to the lack of a standardized coding system for government contracts, and now the procurement regulating arm of the Office of Management and Budget (OMB) has proposed a solution.

The Obama administration released yesterday a list of 26 mission-critical information technology (IT) projects that will receive immediate attention from the Office of Management and Budget (OMB) because they "have experienced problems such as significant cost increases or schedule delays." This reassessment process of IT projects, which is part of the administration's reform-minded 2012 budget process and their larger Accountable Government Initiative, seeks to set the programs straight before they waste any more taxpayer funds.

In Wednesday's New York Times, there was an interesting coda to one of our recent Watcher articles: despite receiving large amounts of money from the recently passed state aid bill, school districts are not acting quickly to rehire fired teachers. The worry is next fiscal year might see even larger budget gaps, necessitating another, larger, round of firings. So the school districts would rather save the money, to try to stave off what could be an even worse FY 2011, and in the process, are potentially hamstringing any positive effects of the state aid bill.