On ‘Cyber Monday,’ White House presses for middle-class tax cuts

The Obama administration, warning that consumer spending could drop by nearly $200 billion in 2013, presses for middle-class tax cuts.

Daniel Holmquist raises his forklift to the top shelf of the Sierra Trading Post Fulfillment Center's racks to a pick a product off the shelves at the facility in Cheyenne, Wyo., on Tuesday, Nov. 13, 2012. "Cyber Monday," coined in 2005 by a shopping trade group that noticed a spike in online sales on the Monday after Thanksgiving when people returned to their work computers, is the next in a line of days that stores are counting on to jump-start the holiday shopping season. This year it is expected to be the biggest online shopping day of the year for the third year in a row. (AP Photo/Star-Tribune, Kyle Grantham)

Daniel Holmquist raises his forklift to the top shelf of the Sierra Trading Post Fulfillment Center's racks to a pick a product off the shelves at the facility in Cheyenne, Wyo., on Tuesday, Nov. 13, 2012. "Cyber Monday," coined in 2005 by a shopping trade group that noticed a spike in online sales on the Monday after Thanksgiving when people returned to their work computers, is the next in a line of days that stores are counting on to jump-start the holiday shopping season. This year it is expected to be the biggest online shopping day of the year for the third year in a row. (AP Photo/Star-Tribune, Kyle Grantham)

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