The Washington Times

Topic - Economic Council

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  • President Obama gestures as he answers a question during a news conference in the East Room of the White House in Washington on Wednesday, Nov. 14, 2012. (AP Photo/Carolyn Kaster)

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

    Seizing on one of the biggest shopping days of the year, the White House tried to exert pressure on Republican lawmakers Monday by warning that consumer spending could drop by nearly $200 billion in 2013 if Congress fails to approve an extension of tax cuts for the middle class by the end of next month.

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