Obama plan merges six agencies, may save $3B

President Barack Obama today unveiled his plan to consolidate six government agencies into one, effectively eliminating the Commerce Department and saving up to $3 billion in the next decade, according to the administration.

Obama said the consolidation would create a more efficient agency to promote competitiveness, exports and American business, according to the White House website.

Currently, there are six major departments and agencies that focus primarily on business and trade in the federal government -- Commerce’s core business and trade functions, the Small Business Administration, the Office of the U.S. Trade Representative, the Export-Import Bank, the Overseas Private Investment Corporation, and the U.S. Trade and Development Agency.

Consolidating these agencies along with other related programs, thereby cutting up to 2,000 jobs through attrition, will help entrepreneurs and businesses of all sizes grow, compete, and hire, according to the White House. There would be one department with one mission: spur job creation and expand the U.S. economy.

The president asked Congress to grant him the authority to merge the agencies and if lawmakers agree, they would be required to hold an up-or-down vote on the plan within 90 days of its submission.

About the Author

David Hubler is the former print managing editor for GCN and senior editor for Washington Technology. He is freelance writer living in Annandale, Va.

Reader Comments

Tue, Jan 17, 2012 Dennis Virginia

Great start but we need to reduce the federal budget by 44,000 billion over 10 years. There must be more duplication that can be identified and removed. And there are some activities that should be returned to the states.

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here


  • POWER TRAINING: How to engage your customers

    Don't miss our Aug. 2 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More


    In our latest Project 38 Podcast, editor Nick Wakeman interviews Tom Romeo, the leader of Maximus Federal about how it has zoomed up the 2019 Top 100. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.