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And why the next Foreign Policy crisis for the worlds number one power might well involve the worlds number two power. But first heres my take. Now that president obama has won reelection, the debate in washington has shifted from whether we should raise taxes to how and by how much. This makes sense. With a deficit over a trillion dollars, we will need a combination of increased tax revenues and spending cuts. The president and his allies including robert rubin have made the case that eliminating deductions simply will not get you enough money. You will actually have to raise tax rates. Thats...

Being dragged out of the compound. Republicans are still blasting the white house response to that attack. Ill talk to senator john mccain in a minute. In new york city, president obama meets with storm survivors where more than 25,000 households are still without power. More than two weeks after super storm sandy hit. We begin with the big story. The latest on the benghazi hearings. Joining me is pentagon correspondent Barbara Starr and intelligence correspondent suzanne kelly. Welcome to you both. Barbara, this is really fascinating me. So general petraeus who has been at the center of this ...

Welcome to newsroom international. Were taking you around the world in 60 minutes. Were beginning with breaking news. An explosion on an oil platform in the gulf of mexico just set off a major fire. Two workers are now missing. Want to bring in chad myers with the latest on what we know about this. Any details . Literally things just coming in here. It was a production platform. It was not a drilling rig. It was in shallow water. It was not deep water. They were not drilling. There was not a blowout. This is not take two, okay . This is not like we saw in 2010. This is not an environmental dis...

The same family. On the other side of the border, air sirens screamed out in several cities. Israel says it intercepted dozens of the nearly 150 rockets hamas fired including two targeted at tel aviv. The shelling is intense on both sides. Cnns Anderson Cooper witnessed it firsthand. Hes been reporting live from gaza city. And earlier, i was on the air with anderson when a massive explosion took place nearby. Watch what happened. In that blast, we know ten members of one family, also two Media Centers built [ blast ]. Whoa that was a rather large explosion. That occurred just look out here. I ...

York post poll, you clearly understand the danger of this fiscal cliff. 50 say it will have a major effect on the economy, 21 say a minor effect, 2 no effect, 10 say they dont know, which is why youre watching this right now. President obama says theyre centering around increasing tax on the wealthy which will go a good way in increasing the revenue that he wants to raise in the next decade in an attempt to reduce the federal deficit. He wants to reinstate the bush tax cut which goes to the top 2 of earners. That would jump from 36 to 39 . He likes to say thats where it was during the clinton ...