Obama Approval Ratings Up; Race Still Close

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President Obama's approval rating is back above 50 percent for the first time since May.

A new Associated Press-GfK poll found that Americans are feeling better about the country's future and the president's job performance.

But the poll also shows that Republican challenger Mitt Romney remains neck-and-neck with the president in the race for the White House.

Obama is supported by 47 percent of likely voters and Romney by 46 percent.

Meanwhile, Romney has continued to take heat over his remarks that most Obama supporters see themselves as 'victims' who rely on government support.

But the president is coming under fire for comments he made in 1998 saying that he supports re-distribution of wealth.

"I think the trick is figuring out, how do we structure government systems that pool resources and hence facilitate some redistribution because I actually believe in redistribution -- at least at a certain level -- to make sure that everybody's got a shot," he said.

Romney said this comment shows that Obama thinks the government should take from some to give to others.