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Transcripts for CNN The Situation Room 20140204 22:12:00

tax it twice at 35% the second time. tax it at 5%. hundreds of billions of dollars will flow home kree creating jo home. why don t we bring some of that money home and create jobs. sometimes you need a band-aid, as you well know. you probably have band-aids in your medicine closet. stop the bleeding, shall we say. thank you, senator, for joining us. thank you. up next, while republicans are fired up over obamacare, what s the impact of this new report on president obama as he tries to move ahead with his agenda? and chris christie digs in his heels on the bridgegate scandal and investigators are armed with brand new information. that s coming up later.

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