“The Audacity of Hype.” An excerpt:

Continuing the tradition he established back when he was Director of the Congressional Budget Office, Peter Orszag, the Director of the Office of Management and Budget has started a blog. I applaud this move if — if — it is meant to promote transparency. But while Orszag is a smart man and a formidable policy player, his blog appears to be more determined to spin than it is to enlighten.

Read it all for a discussion of Administration tax policy. For as we all know, delving deeply into tax policy is the ultimate thrill.