Today's Situation Room:

Wolf Blitzer delivers the most important breaking news and political, international, and national security stories of the day. Tune to The Situation Room weekdays 5-7pm ET on CNN.

Wolf Blitzer delivers the most important breaking news and political, international, and national security stories of the day. Tune to The Situation Room weekdays 5-7pm ET on CNN.

December 21st, 2011
06:39 PM ET

How payroll tax fight affects you

CNN's Mary Snow takes a look at what will happen if the payroll tax cut is not extended.

RELATED STORY: Senate Republican frustration mounting with House GOP

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Filed under: Congress • Taxes
December 20th, 2011
06:36 PM ET

McCain: Payroll tax standoff harming GOP

(CNN) – Republican Sen. John McCain of Arizona said Tuesday the battle on Capitol Hill between Democrats and Republicans over extending the payroll tax cut was causing damage to the GOP.

"It is harming the Republican Party," McCain said on CNN's "The Situation Room with Wolf Blitzer." "It is harming the view, if it's possible anymore, of the American people about Congress. And we've got to get this thing resolved."

FULL POST

RELATED STORY: CNNMoney: Payroll tax roulette


Filed under: Interviews • John McCain • Republicans • Taxes
BLITZER’S BLOG: With Cain out, “9-9-9” is dead-dead-dead
December 5th, 2011
03:17 PM ET

BLITZER’S BLOG: With Cain out, “9-9-9” is dead-dead-dead

By Wolf Blitzer, CNN

(CNN) - With Herman Cain out of the Republican race for the White House, what happens to his “9-9-9” tax plan? The short answer, of course, is that it’s gone. What isn’t gone, though, is a desire for major tax reform in the United States.

All the candidates have come out with various proposals to reshape the way the government taxes people and corporations. There is an emerging consensus among Republicans and Democrats that the system is way too complicated, inefficient and costly. Fresh ideas are absolutely necessary.
FULL POST

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Filed under: 2012 election • Herman Cain • Taxes • Wolf Blitzer
October 26th, 2011
12:20 PM ET

Bobby Jindal defends Perry's tax proposal

Gov. Bobby Jindal discusses whether or not Rick Perry's flat tax solution encourages "class warfare."


Filed under: 2012 election • Bobby Jindal • Interviews • Rick Perry • Taxes
October 25th, 2011
06:16 PM ET

Will you benefit from Perry's flat tax plan?

Gov. Perry says his flat tax would eliminate taxes on capital gains and dividends. CNN's Tom Foreman looks at the numbers.


Filed under: 2012 election • Rick Perry • Taxes • Tom Foreman
BLITZER’S BLOG: Cain’s 9-9-9 plan vs. Perry’s 20-20-0 plan
October 25th, 2011
01:39 PM ET

BLITZER’S BLOG: Cain’s 9-9-9 plan vs. Perry’s 20-20-0 plan

(CNN) - It’s clear that Texas Governor Rick Perry needs to jump start his presidential campaign.

The new CBS/New York Times poll has him coming in fifth nationally among Republican voters. Herman Cain is at 25%; Mitt Romney 21%; Newt Gingrich 10%; Ron Paul 8%; and Perry at only 6%.
FULL POST

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Filed under: 2012 election • Herman Cain • Rick Perry • Taxes • Wolf Blitzer
August 31st, 2011
11:36 PM ET

Corporation tax breaks unfair?

In light of recent budget battles, is it fair that corporations can defer paying taxes? Lisa Sylvester investigates.

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Filed under: Lisa Sylvester • Taxes
July 14th, 2011
01:29 PM ET

Grover Norquist: The man who drew the GOP's 'line in the sand'

Washington (CNN) - At the heart of the contentious talks between the White House and congressional Republicans on whether to raise the debt ceiling is a simple, one-sentence document many conservative lawmakers have signed, pledging not to increase taxes.

Ever.

FULL STORY
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Filed under: Debt • Deficit • Grover Norquist • Lisa Sylvester • Taxes • Washington
July 13th, 2011
09:32 PM ET

Norquist: 'I'm for tax reform'

Grover Norquist, president of Americans for Tax Reforms, is a Washington power player who wants to make sure the GOP keeps tax increases out of any debt deal. He sat down with Wolf Blitzer to discuss tax reform and debt negotiations.

SEE ALSO: Who is Grover Norquist? (Video)

TRANSCRIPT


Filed under: Debt • Deficit • Interviews • Taxes • Washington
BLITZER’S BLOG: On taxes, both sides are exaggerating
July 12th, 2011
04:18 PM ET

BLITZER’S BLOG: On taxes, both sides are exaggerating

(CNN) - Words in Washington are important. President Obama and the Democrats always say that “millionaires and billionaires” can afford to pay higher taxes, especially when spending cuts will impact middle class families and the elderly. Given the nation’s high unemployment, House Speaker John Boehner and the Republicans counter by always saying that this is no time to increase taxes on “job creators.”

You won’t be surprised to find out that politicians on both sides are exaggerating.
FULL POST

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Filed under: President Obama • Speaker John Boehner • Taxes • Washington • Wolf Blitzer
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