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Powell standing by Obama in 2012 presidential race

WASHINGTON — Former Secretary of State Colin Powell, a longtime Republican, is sticking with President Barack Obama in this year’s election.

He told “CBS This Morning” he respects fellow Republican Mitt Romney but thinks he’s been vague on many issues.

Powell said the president got the United States out of Iraq, has laid out a plan for leaving Afghanistan “and didn’t get us into any new wars.”

He also praised 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 altitude.”

Powell, a retired general, was also a White House national security adviser and chairman of the Joint Chiefs of Staff.

Powell says he’s still a Republican.

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