Obama seeks more power to merge agencies, streamline government

President Obama asked Congress on Friday for the power to consolidate parts of the federal government, proposing a first step of merging several trade- and commerce-related agencies under a plan that the White House said could eliminate more than 1,000 jobs and save $3 billion over 10 years.

Obama said he would focus initially on entities that deal with small business, but ultimately would like to get rid of inefficiencies throughout the federal government. He noted to an audience of small business leaders that the bureaucracy included five different entities involved in housing, and more than a dozen agencies that regulate food safety.

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$3 Billion over ten years??? If you ever wondered what rearranging the deck chairs on the Titanic looks like, this is it.