Colin Powell Endorses Obama

Former Secretary of State Colin Powell, a longtime Republican, is sticking with President Obama in this year's election. He tells CBS This Morning he respects Mitt Romney, but thinks he's been vague on many issues. Speaking of Obama, Powell said the president got the United States out of Iraq and has laid out a plan for leaving Afghanistan "and didn't get us into any new wars."

He praises Obama's economic performance, saying that while difficult choices are ahead on taxes, spending, and budgetary policies, "steadily, I think we've begun to come out of the dive and we're gaining attitude." Powell, for the record, says that he's still a Republican.