President-elect Barack Obama meets with his economic team at the transitional office in Washington on January 6, 2008. The meeting included Rahm Emanuel, Chief of Staff-designate; Timothy Geithner, Treasury Secretary-designate; Peter Orszag, Director-designate, Office of Management and Budget; Rob Nabors, Deputy Director-designate, Office of Management and Budget; Christina Romer, Director-designate, Council of Economic Advisors and Lawrence Summers, Director-designate, National Economic Council. During the meeting they reviewed the medium-term budget outlook and discussed their willingness to craft a budget that will reduce the deficit as the economy recovers. (UPI Photo/Aude Guerrucci/Pool) | Slideshow