Former Secretary of State Colin Powell told CBS "This Morning" that he plans to vote for President Obama in the 2012 presidential election. "You know, I voted for him in 2008 and I plan to stick with him in 2012, and I'll be voting for he and Vice President Joe Biden next month," he said on CBS' "This Morning."

Asked whether it was an endorsement, he said, "Yes."

"I think we ought to keep on the track we are on," he said.

Powell said he had the "utmost respect" for Mitt Romney but criticized his tax plan.

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