0 their current insurance. >> so let's talk about this for a second. so we have the employer mandate that was delayed a year. >> that's right. >> and then some portions of the individual mandate being delayed another year. what is left of obamacare. >> that is why i think the taxpayer bailout is looking increasingly likely. when you delay the mandates, that was supposed to raise the money. it was only a couple of clears -- years ago when congress passed this, they said it would save money for the health insurance program aand the congressional budget office said this would save taxpayers money. anybody who believes that right now hasn't been paying attention to what has been happening in the last several weeks. >> we'll leave it right there. thanks very much. >> merry christmas. tonight was supposed to be the deadline but folks have until tomorrow to sign up. and ed henry with the latest. they are delaying it by one day but there is a lot going on in d.c. bring us up to speed on all of it. >> reporter: there certainly is. the white house is trying to down play this latest tweet, they said if you are in queue online at healthcare.gov today and trying to enroll, you get an extra day into christmas eve, meaning if you try to start the enrollment process tomorrow, you're not going to get in in time to get insurance on january 1st. they say it is just a tweak to let the people who are online today and there is a surge of traffic because people wait until the last minute and other people legitimately tried to go on a week ago or a month ago and couldn't get on. but republican frank upton said this is another last-minute change by the administration saying, while the holiday surprises have become commonplace, the latest extension is another dispointment for the most previous presidents have done that. but then they add more information that while they suggest he had enrolled, over the weekend his staff has enrolled and not all of his information is online for data, and his staff over the weekend did it instead of him waiting in line like most americans and he didn't have to expose his personal information. well obviously that is a concern among other americans about putting their personal information online. >> you know what my problem is, i remember when this law was passed and once president obama signed it, i'll never forget, it was a big photo op. it was staged. he signed it with 17 different pens. he signs up for the plan and no one heard about it. pain it wasn't even him signing up. what is really going on? >> well, look, he's on vacation in hawaii and maybe it was more complicated but they could have had him sign up on friday or a week ago and brought in the press poll showing him going flieb to do -- online to do it but as we get more information, he didn't actually go online and do it himself, it was a special case where you had to do it in person and since he was in hawaii, his staff did it for him over the weekend. but they were trying to do this symbolically to suggest he was in solidarity with other americans but at the end of the day his had his health plan before and will have the same one because it is not your normal plan, it is provided by the military. >> i guess we could all wish to only symbolically sign up for obamacare. thanks. did you happen to catch this? no, they weren't fighting to get into obamacare. trying on a pair of air jordans and if latests are any indication, there are fewer shoppers shopping this holiday season despite the deep discounts. is sticker shock from obamacare the reason why. let's ask former toys r u.s. ceo jerry stoit. and there is questions that because of the higher deductibles and premiums, people will wait and see what happens before they shop. >> it is part of the load on today's consumer and it relates to other themes. one is the concern and fear about obamacare and the cost. and as we look, the over all employment rate is still poor and since the great recession started, that was weighed on the economy, and low income strata. people who have a job are afraid of losing it and those who don't have a job, they are not stopping to even look. also there is taxes. keep in mind that earlier this year we saw a nice tax increase. that is played throughout the year, less money in that envelope. and now it is christmastime and we haven't analyzed that. >> and let's stay on this. say you are a family of four and paying $300 or $400 a month, and that may stay or go up, but the deductibles are rising. now that is money out of your pocket first. what is the first thing that gets hit. >> anything discretionary gets hit. we had a good report today on consumer spending for november. but if you looked at it, you saw the spend on every item declined. the increases were those who have money to buy cars and durable items. >> so if a family goes from $4,000 or $5,000 a year for insurance to $15,000 or $18,000, it is obvious some of the things you cut back are retail spending. >> and apparel spending is amok the hard -- among the hardest hit, because it is more discretionary as opposed of something you have to eat or things for your child. >> to people are speculating on how the season was and there were dark reports that it was going to look weak. >> well reports from this weekend were still disappointing. so we don't know for sure. in the lower income strata we saw that start to fall off from sales reports in september, october and november. people had been spending more but there is in con guilt going on, if you have money, don't squander it. in inequality versus growth. people don't want to spend. but any way you want to look at it, it is not a good environment for consumer spending. >> thank you very much, sir. merry christmas. >> same to you. a controversy takes flight and huck says the market is winning out. >> sometimes if it is a dangerous situation, you need to call in some fire power. [ male announcer ] e new new york is open.innovat. open to ambition. open to boldids. that's why n york has a new plan -- dozens of tax free zones all across the state. move here, expand here, or start a new business here and pay no taxes for ten years... we're new york. if there's something that creates more jobs, and ows more businesses... we're open to it. start a tax-free business at startup-ny.com.