hi, alex. reporter: retailers are really looking forward to this but they don t bank on single day it is way they used to. gone are the physical door busters. retailers racked up $8.9 billion in cyber sales this year compared with 9 billion on the same day in 2020. we are worried about supplies in the last two months and we saw a big jump in retail sales that came earlier than a lot of people expected. major test comes tomorrow in order to break the cybermonday records set in 2019 consumers will have to spend over $9.4 billion, the national retail federation expects holiday sales till november to december to arrive at 10 and a half percent to $846 billion, that too would set a record for year over year growth but fox news contribute o jonathan has some doubts. inflation, it s a silent text but people are feeling it
layoffs. assistant labor secretary jane oates posted this notification. as we first reported, 46 days ago, the law called the warn act, requires that mass layoffs be announced to employees 60 days beforehand. we re talking about mass layoffs threatening the defense industry. since tt sequester cuts take effect on january 2 snd. what that initially meant that announcement at the big defense contractors would go out november 3rd, as you can see that s three days before the presidential election. obviously those are not headlines that obama wants. so enter the labor department. here s the letter. oates writes, quote, the warn act notice to employees of federal contractors including in the defense industry is not required 60 days in advance of january 2, 2013 and would be inappropriate. yes. the administration is reinterpreting the law on the sly. because after all this was sent out and they declined to make anyone available to interview this tonight. of course this was a manna f
as we first reported, 46 days ago, the law called the warn act, requires that mass layoffs be announced to employees 60 days beforehand. we re talking about mass layoffs threatening the defense industry. since tt sequester cuts take effect on january 2nd. what that initially meant that announcement at the big defense contractors would go out november 3rd, as you can see that s three days before the presidential election. obviously those are not headlines that obama wants. so enter the labor department. here s the letter. oates writes, quote, the warn act notice to employees of federal contractors including in the defense industry is not required 60 days in advance of january 2, 2013 and would be inappropriate. yes. the administration is reinterpreting the law on the sly. because after all this was sent out and they declined to make anyone available to interview this tonight. of course this was a manna from heaven for the republicans. the president doesn t want people readin
everyone. i m erin burnette. is the president hiding up to 200 layoffs. assistant labor secretary jane oates posted this update. now, it was quietly posted to the labor department s website just yesterday. as we reported 46 days ago the law called the warn act calls for employers to announce layoffs of employees 60 days before hand. we re talking about ones like the ones related to the defense industry thanks to the 2 hnt $1 trillion in sequestration cuts. since they take effect on january 2nd, here s a calendar. layoff announcement that the depence contractors would go out november 3rd. as you can see, that s three days before the presidential election. obviously those are not headlines barack obama wants. enter the labor department. here s the letter. the warn act notice to employees of federal contractors including defense industry is not required 60 days in advance of january 2nd 2013 and would be inappropriate. yes, the administration is reinterpreting the law on the sly
capitol hill. nice to see you. nice to see you. greta: two reports one gop in the house about health care and another letter sent to speaker boehner and others. help me understand, according to the cbo, if you repeal the health care bill, it will cost us 145 billion that will add to the deficit if you read the house gop report it says if we don t repeal it, it will add 701 billion to deficit, which is a 846 billion dollar difference. who do i believe the house or the cbo? let s start with common sense. if you expand any entitlement program to cover an additional 30 million people or so, it is going to cost more, right? the second thing that is so important. cbo only takes what they are given as assumptions from which they figure costs. best example, they included in