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.

An Amazon.com employee grabs boxes off the conveyor belt to load into a truck at the company's Fernley, Nev., warehouse on Monday, Dec. 1, 2008. "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/Scott Sady)

An Amazon.com employee grabs boxes off the conveyor belt to load into a truck at the company's Fernley, Nev., warehouse on Monday, Dec. 1, 2008. "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/Scott Sady)

More Photo Galleries

Happening Now