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the payroll tax cut. it's set to expire at the end of this year. president obama called john boehner today and the white house has even put a counterdown clock on the home page of its website. it says if the house does not act, taxes on the middle class will increase starting the first of the year. let's go to the white house. our chief white house correspondent, jessica yellin, is standing by with the latest on this dramatic political showdown. what is the latest? >> the latest is that the white house believes there is only one way for the nation to avoid an increase in the payroll ...

we're picking up new information and he's also getting a nut ew endorse. . i'm wolf blitzer. you're in "the situation room." he's not just the new republican presidential front-runner, newt gingrich is leading the republican pack by double digits in several brand-new polls. a gallop national survey of registered republicans shows him 15 points ahead of mitt romney. 37% to 22%. less than a month away from the iowa caucuses. a new cbs new york times poll has gingrich 14 points ahead of romney. as former front-runners know, top status meepz extra scrutiny and he was grilled about some o...

Peter said they haven't given up, but the 54% saying this is a long term setback for the president, when bush hit that, it was as if his presidency ended. >> yeah, in the bush case, it was two months after hurricane katrina, to reset the stage. in our survey, over seven out of ten people say we're on the wrong track. that's only happened in 2008, 1992 and when economic pessimism is as difficult and confidence is that bad, it is very hard for a president to recover. takes a substantial event to try to change those kind of numbers. >> you can't beat somebody with nobody. although i think if the ...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.