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.

June 26th, 2011
04:15 PM ET

Obama planning to revive debt talks?

CNN contributor Paul Begala and GOP strategist John Feehery debate the difference between tax increases and tax reform.

RELATED: President to meet Reid, McConnell for deficit reduction talks

SEE ALSO: BLITZER'S BLOG: When is a tax increase not a tax increase?


Filed under: Deficit • John Feehery • Paul Begala • Strategy Session • Taxes
BLITZER'S BLOG: When is a tax increase not a tax increase?
June 24th, 2011
03:55 PM ET

BLITZER'S BLOG: When is a tax increase not a tax increase?

WASHINGTON (CNN) – I guess we shouldn’t be too surprised that Vice President Joe Biden’s efforts to work out a deficit reduction deal with House Majority Leader Eric Cantor and Senate Minority Whip Jon Kyl collapsed over the issue of raising taxes on the wealthy.

Republicans are firmly opposed to raising taxes on anyone. Democrats want to see those families making more than $250,000 a year pay more income tax.
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Filed under: Deficit • Taxes • Wolf Blitzer
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