FOR IMMEDIATE RELEASE: Friday, January 10, 2003
Maxwell Professor
Douglas Holtz-Eakin Recommended to Head Congressional Budget
Office
 House Budget Committee Chairman Jim Nussle has recommended Douglas Holtz-Eakin
to serve as the new director of the nonpartisan Congressional Budget Office,
which is tasked with providing Congress with the analyses, information, and
estimates needed for making economic and budget decisions. The Committee will
vote on the recommendation later this month and, if approved, it will be sent
on to the Speaker of the House and Senate President pro tempore who have the
final say.
Holtz-Eakin is on leave from the Maxwell School of Syracuse University, where
he is Trustee Professor of Economics. Since June 2001, he has served as chief
economist of the President’s Council of Economic Advisers, where he was
previously senior staff economist in 1989-1990 before joining the Maxwell School.
He also taught at Columbia and Princeton Universities. Holtz-Eakin has served
on the Board of Economic Advisers for the New York State Ways and Means Committee,
as executive director of New York State’s Tax Study Commission, and as
a consultant to the States of New Jersey and Arizona. He is on leave as editor
of the National Tax Journal.
The Maxwell School’s Associate Dean and professor of economics Michael
Wasylenko, who has worked closely with Holtz-Eakin, observes: “Doug’s
knowledge and research have won him wide acclaim as an economist. His interests
and expertise span a broad range of domestic and international policy issues,
and, in the tradition of the Maxwell School, Doug feels strongly about contributing
to public service. Professionally talented, Doug is able to convey complex ideas
in a concise manner, is a first-rate manager, and is respected by staff and
superiors alike. This combination makes him an excellent choice to lead the
CBO.”
Maxwell’s Dean John L. Palmer echoes Wasylenko’s assessment. An expert
on federal budget issues and a public trustee of the Social Security and Medicare
Trust Funds, Palmer knows full well the enormous challenges and pressures facing
the federal budget in the coming years. “Doug has a tough job ahead, but
he is well suited for the task. Although we hate to lose him for any longer,
the CBO job is a great opportunity,” Palmer says.
Syracuse University’s Vice Chancellor and Provost Deborah A. Freund calls
Holtz-Eakin “one of our most prized faculty members, both at Maxwell and
at SU in general. While he is an internationally known researcher, he also works
easily with the business and policy communities. I am very proud that Maxwell
will be so well represented on Capitol Hill.”
# # #
The Maxwell School of Syracuse
University, founded in 1924, is the premier academic institution
in the United States committed to civic leadership and careers in
public and international affairs. It is home to Syracuse
University’s graduate social science departments and to numerous
nationally recognized multidisciplinary programs in public policy
and finance, international studies, and conflict resolution.
Maxwell’s graduate program in public administration – the first of
its kind – is ranked consistently the best in the nation.
Contact:
Jill
Leonhardt,
director of communications, (315) 443-5492; jlleonha@maxwell.syr.edu.
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