The Cost Cutting Move that Doesn't Cut Costs

Privatization, consolidation, reorganization. They are all touted as ways to save taxpayers money. But they often only create new layers of red tape and end up costing just as much -- if not more.

Take this Kentucky example. The City of Louisville and Jefferson County merged their governments -- promising taxpayers the move would save them $700,000 in salaries alone. But the savings are gone. The mayor says they used the savings to hire more expensive workers. (Courier-Journal)