because it pushes buyers to jump in before those rates go any higher. stephanie? >> thanks, allison. more americans are relying on plastic. credit card debt rose by $2 billion in december. the first increase in two years. because of the recession americans had been paying down debt and using cash. this may mean that consumers are feeling better about spending again. calling all tax cheats, if you're hiding money in an offshore account, can you avoid jail time if you con dpes to the irs by the end of august. you still have to pay back taxes, interest and fees, last year's program reeled in 15,000 tax evaders, poppy has a look at what's coming up in business news. >> president obama set to unveil his 2012 budget proposal on monday. and one thing is for sure, there are going to be cuts. right now, the nation's debt stands at $14 trillion. and the president is expected to propose temporarily freezing spending on nonsecurity discretionary items and also he may call for cuts in defense