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SHRINK Obama Seeks to Merge Agencies Jewel Samad, AFP / Getty Images

Obama Seeks to Merge Agencies

Who are you calling fiscally irresponsible, Ron Paul and Rick Perry? President Barack Obama is seeking the power to merge agencies in a bid to shrink the federal government in a sweeping move. Obama will ask Congress to give him authority to consolidate six trade and commerce agencies that have overlapping programs, cutting up to 2,000 jobs and saving $3 billion over 10 years. He'll call for a vote by Congress within 90 days.

January 13, 2012 9:49 AM