President Barack Obama gestures as he speaks at Springfield High School during a campaign event Friday in Springfield, Ohio.Your daily look at late-breaking news, upcoming events and stories that will be talked about today (times in EST):
1. WHY OBAMA IS IN A BIND
He has to stand his ground against the GOP, and risk falling off the “fiscal cliff,” or reach a compromise – and risk angering liberal Democrats. He’ll make his case to the public at 1:05 p.m.
2. WHAT’S IN STORE FOR SANDY VICTIMS
A new gasoline rationing plan that lets motorists fill up every other day goes into effect in New York after the nor’easter.