right back. and north korea at this moment getting ready to fire a long-range rocket. why that launch could set up a powder keg in one of the most dangerous corners of the world. i m wolf blitzer. i m wolf blitzer. you re in the situation room. captions by vitac www.vitac.com let s begin with the breaking news in a case that has gripped the entire nation. a senior law enforcement source says george zimmerman, the neighborhood watch captain who shot dead an unarmed teenager trayvon martin will, in fact, be charged. florida s special prosecutor has scheduled a news conference two hours from now. of course, we ll bring that to you live. let s go to cnn s martin savidge. he s in sanford, florida, watching all of this unfold. set the scene for us, martin. what do we know right now? reporter: we know that sanford is, of course, the epicenter and right now there is a lot of tension in this town in the leadup to that special announcement that will come from the special pr
but i will be willing to do everything in my power, to help this community like i always do. he had come under criticism in the miami community for his castro comments. the marlins new ballpark is in pl little havana. president obama is on his way to florida, an economic speech on the so-called buffett rule. he is expected to talk about how it will make for a fairer tax code and how the rich will find it harder to find loopholes. former president, george w. bush, says the buffett rule is a bad idea. he spoke at a bush institution economic forum in new york. he said increased taxes on the very rich are an attack on job creators. i wish they weren t called the bush tax cuts. if they were called somebody other body s tax cuts, they are probably less likely to be raised. if you raise taxes, you are taking money out of the pockets of consumers. it is important for policy makers to recognize all the data about taxes causes capital to stay on the sidelines. the bush tax cu