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fell to three-year lows. there are still concerns that consumer spending could slow down still this year. well, it may be the one story that s not getting a lot of attention today. 70 plus percent of the country will have less money in their paycheck this week because a 2% break in the payroll tax has expired. in other words, you got a tax break of 2% and they just took it away. you haven t heard much about it today, why not? michael reagan thinks he knows, he s chairman of the reagan group. welcome back, the government giveth and take it away. they said a federal tax holiday and everybody has to pay this, it s on your paycheck and it s 2% and we enjoyed it for a couple of years and now it s gone. so, why is this a big deal? yeah, it is gone. you know, watching congress is like watching david copperfield in las vegas, the magician. they have you aimed at looking at 400,000, 450,000 people who

Consumer spendingMichael reaganPayroll taxYou haven tTax breakTax holidayWelcome backBudget deal congressBig dealLas vegasThe magicianDavid copperfield