Obama Job Bill; Cutting the Debt; Doing Right by Israel

Drawing clear battle lines for the 2012 elections, a combative President Barack Obama is demanding that the richest Americans pay higher taxes to help cut soaring U.S. deficits by more than 3 trillion dollars.Republican presidential hopeful Rick Perry is criticizing the Palestinian Authoritys effort to seek a formal recognition of statehood by the U.N. General Assembly.