Pelley good evening. This is a spend onehour edition. Pelley good evening. This is a special onehour edition. 6 billion was spent on political campaigns and when they were over nothing much changed. Republicans will still control the house, democrats the senate, and barack obama will still be president. This was the scene tonight as the president and the first family returned from chicago aboard air force one. They landed at joint base andrews right outside washington, d. C we will have a look at what you can expect from washington many the future, but first the latest returns. We still cant project a winner the president ial contest in florida, but even without florida mr. Obama has 303 electoral votes well over the 270 needed for victory. Mitt romney ended up with 206. This is the popular vote total. Theyre still counting, but the president is ahead by nearly three million votes. In his victory celebration last night, the president said the best is yet to come. Hes been calling congressional leaders, and both the president and Republican HouseSpeaker John Boehner are talking about a new spirit of cooperation. But there are battles ahead and we have a team of correspondents covering this fresh start with old players in washington. First, nancy cordes with the president. Reporter the president and his family boarded air force one in chicago this afternoon after a visit to Campaign Headquarters where president obama embraced his campaign manager, jim messina, and elated staffers and volunteers. Despite all the talk beforehand of a razor tight race, in the end president obama captured all but two of the states he won in 2008. I just spoke with governor romney and i congratulated him and paul ryan on a hardfought campaign. applause we may have battled fiercely, but its only because we love this country deeply and we care so strongly about its future. Reporter before a cheering crowd of thousands in south chicago, president obama laid out an ambitious secondterm agenda deficit reduction, tax code reform, immigration reform, and energy independence. Big goals that have inspired and divided the two parties for decades. We are not as divided as our politics suggest. Were not as cynical as the pundits believe. We are greater than the sum of our individual ambitions and we remain more than a collection of red states and blue states. We are and forever will be the United States of america reporter but he acknowledged that this bruising campaign, with its billiondollar barrage of negative ads had left hard feelings that he hoped to overcome. And whether i earned your vote or not, i have listened to you. I have learned from you. And youve made me a better president. And with your stories and your struggles i return to the white house more determined and more inspired than ever about the work there is to do and the future that lies ahead. cheers and applause reporter the president will not have much time to savor his victory. The most pressing issue on his plate is the fiscal cliff that toxic mix of steep spending cuts and tax increases set to go into effect at the end of the year. Economists have warned that it could plunge the country into another recession but republicans and democrats, scott, have put off negotiating for a solution in earnest for months because theyve been awaiting the outcome of this election. Pelley nancy, we were talking in the newsroom today about major cabinet changes that are expected. Reporter thats right. Two of the president s top cabinet secretaries have indicated they would like to step down at the end of this first term, secretary of state Hillary Clinton and treasury secretary tim geithner. Now they wont be likely leaving right away. The president will have to choose successors and they will have to go through Senate Confirmation hearings so it could be the start of the new year before they debart. Pelley nancy, thanks very much. We mentioned a moment ago that florida is undecided. Here there. In his victory speech last night, the president said that he had the best Campaign Team and volunteers in the history of politics. You could forgive him for the hyperbole, but there is no arguing with the success. Heres dean reynolds. laughs four more years, baby. Reporter in ohio, the foot soldiers of the Obama Campaign packed up today and headed back to their lives. Volunteers from as far away as washington, d. C. Bye, ohio reporter the seemingly everpresent face of the campaign here and the other battlegrounds had been micromanaged by the architects of the 2008 victory david axelrod, the president s trusted advisor, david plouffe, a senior strategist, and National Campaign manager jim messina. The high point was this weekend. 5. 2 million doors we knocked on just this weekend. 18 months of building it for this moment and watching our Neighborhood Team leaders take it over and say its our campaign. Reporter a hightech trove of Demographic Data including stuff like a voters favorite t. V. Show fueled calls and blazed trails not just to neighborhoods but to specific homes and individuals inside them. In ohio, 21,000 volunteers worked at campaigns last weekend. The spearhead of 139 field offices statewide. Mitt romney had 40. Chris redfern is chairman of ohios democrats. We have an intimate relationship with the voters were focusing on. That door knock, that screen door door knock, that occurs not once, twice, three times but four and five times over the sum interthe fall. Reporter when necessary, the approach was low tech, scooping strangers off the street and driving them to the polls to build an early voting lead. You going to early vote . Yeah. Reporter then there was the ad blitz that began this summer. We all just lost our jobs. Reporter defined mitt romney as an exploitative businessman unconcerned about the middleclass. Hi, how are you . Reporter but jim messina said ultimately it was the facetoface contact that sealed the deal. We invested in the grassroots and for a year people said, you know, why are they spending so much money in these states and we were helping local people build a volunteer Grassroots Army out there to talk to their friends. Reporter now, that kind of contact worked very well for the president with early voters here, scott, and it staked himtor a more than 200,000 vote lead in that category. Pelley it certainly worked, dean, thanks very much. All day long yesterday we were talking to voters as they left the polls all across the country. Anthony mason is in studio 57. Anthony, what did the voters tell us about why they voted the way they did . Reporter scott, the president built his reelection victory around the same coalition that put him in the white house four years ago. We saw a pronounced gender gap in our exit polls. Governor romney won men by seven Percentage Points but president obama won women by an even wider margin, 55 to 44 . Now, the president s support among white voters did decline, but he increased his margins among hispanics, taking 71 of the hispanic vote and a bigger margin, 93 , of the African American vote. But this wasnt just about demographics. We asked voters who is more in touch with teem like them. President obama came out on top here by 53 to 43 . And more than half of the voters we talked to said they saw mitt romneys policies as favoring the rich. Only about a third said they favored the middleclass. Governor romney campaigned as a Business Leader who could create jobs and fix the economy. But when we asked whod do a better job of handling the economy, romney ended up with only about a onepoint advantage here, 49 to 48 . So the president effectively neutralized the economy issue which had been thought to be so dangerous for him. Scott . Pelley anthony, thanks very much. As nancy cordes was just telling us, were about seven weeks from those automatic tax increases and budget cuts that are due to kick in automatically. Congress design the socalled fiscal cliff to be so painful that it would force a compromise between the white house and capitol hill. But the voters have returned the same politicians wh politicianst reach a deal last time. Heres wyatt andrews. Just weeks away from now loom it is socalled fiscal cliff. Reporter under pressure from the fiscal cliff, House Speaker john boehner started a public negotiation with the president. Saying republicans would accept an increase in tax revenues if theyre tied to tax and entitlement reform. Day one after the election and the speaker said it was clear voters want solutions. Mr. President , this is your moment. Were ready to be led. Reporter but what sounded like a concession was mostly a challenge. Boehner specifically rejected the way the president would raise revenues higher taxes on upperincome americans. Feeding the growth of government through higher tax rates wont help us solve the problem. Reporter the president s plan to ask more of the wealthy wealthy what he calls the balanced approach to deficit reduction was his core argument in the campaign and central to his mandate. He made that clear in this interview with the cbs evening news in september. The message that will be sent by voters this time out if im reelected will be were not satisfied with the pace of progress but we do think that the ideas the president has presented are the right ones and wed like to see greater cooperation. Reporter one year ago, in the summer of 2011 these same two men the speaker and the president worked for weeks on what was known as the grand bargain. The president offered tax reform and 4 trillion in deficit reductions if boehner could sell republicans on that upper income tax increase. Boehner could not and what resulted instead were the outlines of the fiscal cliff. The speaker is now floating the idea of a different grand bargain. Scott, the idea is to delay the entire fiscal cliff for a year to give congress the time to work on tax and entitlement reform. Pelley wyatt, thanks, John Dickerson is our cbs news political director. You just heard what wyatt said. Does that sound like the beginning of progress . Well, the president and Republican Leaders are talking about cooperation and after the 2010 election there was a flurry of activity. One thing thats changed that might suggest both sides can Work Together is that because the president s no longer up for reelection republicans can work with him and know theyre not helping his political fortunes. Now, they still have to calculate their own political fortunes, and thats under way. The election was just yesterday. Lets look at mitch mcconnell, the leader of the republicans in the senate. Hes got a reelection in 2014. Does he cooperate because hes up for reelection or does he not cooperate because hes worried about a conservative primary challenge . John boehner, the house leader, he might want to cooperate but hes got 230 plus republicans all of whom are taking a different message from this election, some of whom were reelected because they said they dont want to cooperate. The president s motivation, he wants to get this socalled fiscal cliff out of the way so he can work on the bigger issues nancy talked about energy, immigration. So thats what motivates him. In the end, the players didnt change. The question is whether their motivations did. Pelley john, thank you very much. The big story in the northeast wasnt Politics Today but the noreaster that just blew in. The same places that were swamped by sandy are getting lashed tonight by high winds, rain, snow, and an angry sea that threatens to flood the shoreline all over again. More evacuations have been ordered and new Jersey Governor Chris Christie may have had the best line when he said that he was waiting for the locusts and the pestilence next. More than 600,000 homes and businesses in six states are still without power nine days after sandy. That number may grow with tonights storm. Ben tracy is on the new jersey shore. Reporter today in belmar, city crews rushed to rebuild the sand dunes wiped out by hurricane sandy. How much faith do you have in this wall . You know, we did this for sandy it would have just it would have been laughed at by the waves. Reporter but the belmont mayor hopes the new barriers will be enough to keep the noreaster from flooding his town again. For the past week, belmar has been pumping out 60,000 gallons of water per minute. The pumps will stay on during this second storm. We want to be aggressive about protecting our community from anything that this storm brings to us. Reporter further south in brick township, the mayor ordered the evacuation of nearly 10,000 people. After what people just went through, i would think most people will not stay. Reporter whats your plan . The delorenzos stayed through sandy but theyre leaving this time. Their home is barely livable. I dont know if we can mentally handle another storm. It was terrifying. Were the only people on this whole block. Reporter for two days, front loaders have been hauling away sandys wreckage so this storm doesnt blow it back through town. More than two Million People in new jersey have had their power restored since sandy, but 60 mile per hour winds could put many of them back in the dark. Steve hasnt had power for ten days but he still plans to stay. The mayor is telling everyone its time to go. What do you say to him . I say theres been many, many, many noreasters that weve had here. We cant run from this one. I wont be going. Ill be staying. Reporter as if the wind and the rain werent bad enough, now the folks along the jersey shore are dealing with this. Late this afternoon, the temperatures here dropped to about 32 degrees and the snow is coming down pretty good. Scott, this is adding insult to injury for the folks tonight with no electricity and no heat. Pelley ben, thank you very much. Hispanics played a big role in the president s reelection last night. Well look at why so many of them did not vote republican when this onehour edition of the cbs evening news continu continues. [ ouncer ] with the etrade 360 investing dashboard. Free streaming quotes, all your investments, positions, and even your trade ticket are all on one customizable page. See the 360 investing dashboard at etrade. Throughout our lives. One a day mens 50 is a complete multivitamin designed for mens Health Concerns as we age. It has more of 7 antioxidants to support cell health. One a day mens 50 . Ive been fortunate to win on golfs biggest stages. But when joint pain and stiffness from Psoriatic Arthritis hit, even the smallest things became difficult. I finally understood what serious joint pain is like. I talked to my rheumatologist and he prescribed enbrel. Enbrel can help relieve pain, stiffness, and stop joint damage. 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Pelley four million more hispanics were eligible to vote yesterday than in the previous president ial election. Four million. We asked anna werner to see what that meant for president obama. Reporter at mi familia vota, a nonpartisan group, groups worked to get hispanics to the polls. Efforts like this one helped president obama beat mitt romney among hispanic voters by 31 in nevada, costing the republicans the white house. They think about us like a second thought. Like, oh, we need to have hispanics, we may not be able to win. Reporter this las vegas businessman, a republican for 40 years, says many his n his party businessman, a republican for 40 years, says many his n his party need to learn to reach out, too, and soften their stance on immigration such as on programs to give Illegal Immigrants permission to work if they were brought to the u. S. As children. Right now as it stands, do you believe there are enough republicans who belief in compromise on immigration . Well, i want to believe that we believe. Reporter do you believe it right now . Yes, because if i dont believe it i wouldnt be able to be a republican. Reporter in florida, colorado, and nevada, the percentage of the electorate that is hispanic has increased one percentage point or more in the last four years. By 2016, at least two million more latinos will be eligible to vote. The Obama Campaign went out of its way to reach hispanics, airing this add in key markets. president obama speaking spanish its that sensitivity that they say was missing from the romney campaign. We just want to be taken seriously. Today we showed that them that we demanded at the ballot box they cant ignore us. Were here, were voting, were paying attention. Reporter to get a sense of the