Halfway through his four-year term as director of the Congressional Budget Office, Douglas Holtz-Eakin stepped down from the position on Dec. 30 to take an economics position with the Council of Foreign Relations.

Holtz-Eakin will assume his new position as the Paul A. Volcker Fellow in International Economics and the director of the Maurice R. Greenberg Center for Geoeconomic Studies at the Council on Foreign Relations in Washington in early 2006.

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