727 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

And now to the price you pay. today a so-called super saturday, the busiest shopping day of the year. and retailers are rolling out the deals to get you in the door before christmas. here's stephanie ruehl. >> reporter: tonight the final shopping sprint as 148 million americans are expected to finish their last-minute shopping. >> our stores are open early and close late. >> reporter: retailers like macy's, jcpenney and best buy are all keeping their doors open for extended hours. kohl's is welcoming shoppers for 24 hours a day until christmas eve. >> why is this weekend so important for retai...

H.p. laptop and some flat-screen tvs. this is a tradition, despite the fact that more than half of consumers have begun their holiday shopping. they began in october. it's a tradition to come out here on black friday. it's one of the five big shopping days of the year. just in this five-day stretch of the weekend, starting from thanksgiving all the way to monday, on cyber monday, it's expected 165 million people will get out there and go shopping. and if you look at how much money they will spend during the entire shopping period, october, november, december, an estimated $737 -- $727 billion ...

Unemployment, people are feeling confident and secure in their jobs. they are happy with their paychecks. so the estimates are anywhere from $727 billion to $730 billion talking about that three-month stretch, october, november, december. that's how much is expected that is going to be spent in the final quarter of this year on holiday shopping. >> alison kosik, keep us posted. i'm joined by finance expert, monica. we saw where alison was, there wasn't a big crowd. is black friday what it once was given all the opportunities to shop online now? >> black friday is a very big deal, but now it ...

Start the tax withholding that is about to go in 1 january. on defense, which you mentioned, eric, that $50 billion that is coze -- supposed to take place, most of it is in procurement and research & development, only 50% is spent in the first year. the deal hahas to be done is very simple. not $727 billion of tax increases and spending cuts. get it below $200 billion, the gross domestic product can grow at over 3%. then we can accelebrateoerate. but brad's spot on, as you are, if we don't come together by the end of february in a grand bargain, it is believe party first, it's americans first....