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Transcripts For CNNW CNN Newsroom 20111031

minutes. a high-speed chase. but this leadfoot suspect is a fellow police officer. and triumphant return of a paralyzed football player. number 52 is inspiring his teammates. we promise he ll do the same for you. it s all right here, right now on cnn. good evening. i m don lemon. thanks for joining us. those stories and more, but first we re starting with some breaking political news. herman cain s campaign for president under scrutiny tonight over a report that could tarnish his image. a restaurant s chief lobbyist, at least two women complained of inappropriate behavior, specifically suggestive sexual behavior. both women reportedly left the association with payouts in the five figures and agreed not to talk about it. revelations are the first serious setback for cain at a time when some polls show him leading the race for the republican nomination. cain is confronted with the allegation sunday in washington. you won t tell me who they are. that s like negotiating

Transcripts For CNNW Erin Burnett OutFront 20111026

hello, everyone. i m erin burnett. outfront tonight, a flat tax from presidential candidate, rick perry. it is time to pass a tax that is flat and fair and frees our employers and out people to invest and grow and prosper. he calls it flat. but the bottom line is it isn t really. the right word is sort of lumpy. here s why. a true flat tax would mean all americans start paying a flat tax of 20%. that s perry s rate on their income with no deductions. that s not how this works though. you keep your current rate or pick his new 20% rate. by allowing people to remain in their current tax bracket, americans will continue to pay different rates. there are six federal income tax rates now. perry s new plan, because we don t have a 20, will make it seven. that s lumpy. a poor flat tax doesn t allow for deductions, capital dividends, state and local taxes. we re joking a little. we all want bold ideas, and politically, you can t wake up and throw out and old system and go to a

Transcripts For CNNW The Situation Room With Wolf Blitzer 20111025

i m wolf blitzer. you re in the situation room. captions by vitac www.vitac.com he s plunging in the polls and in need of a boost. will a new plan help rick perry climb back to the top of the republican race? his rival, herman cain, is leading the pack according to a brand new poll and perry is a distant fifth with cain apparently benefitting from his 9-9-9 tax plan, perry today unveiled his own new tax plan and 20 is the magic number. he proposes a flat tax of 20% for individuals and corporations, but in a twist, perry would let people choose to pay his flat tax rate or file under the current system, which he derived. the size of the current code is more than 72,000 pages. that s represented by this palate right over here and the reams of paper. that s what the current tax code looks like. the best representation of my plan is this postcard. this is is size of what we re talking about right here. taxpayers will be able to fill this out and file their taxes on that.

Transcripts For CNNW The Situation Room With Wolf Blitzer 20111017

dan wheldon, leaving racing fans in shock and grief. i m wolf blitzer in las vegas, you re in the situation room. we are now in las vegas with the republican hopefuls will face off tomorrow night in the western presidential debate. it comes at a pivotal point in the contest with herman cain now near or at the top of the various polls. but he sparked an uproar over the weekend about a controversial remark about immigration. a very sensitive issue here if nevada. cnn s jim acosta is with us. this is a big one here and in a lot of other states as well herman cain said he made these comments before when he hosted his radio show in atlanta. he is finding out that those remarks can bring in viewers and listeners but may not work as well on a presidential campaign. herm yan cane insists these comments did not cross the line. it ll be 20 feet high. barb wire on the top. it will be electrified. and there is going to be a sign on the other side that said, it will kill you. warnin

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