COSTELLO: Its 47 minutes past the hour, checking our "Top Stories" now. New Jersey residents can expect to pay more in taxes to pay for Hurricane Sandy repairs. Here is what Governor Chris Christie says.</s>GOV. CHRIS CHRISTIE (R), NEW JERSEY: There's no magic money tree. But I think that most people in these towns will recognize that if they believe that the money is being spent reasonably and responsibly to rebuild their towns, they'll be happy to do it.</s>COSTELLO: State law normally caps property tax increase at two percent, but the law provides exceptions for emergencies like hurricanes. Nancy Pelosi will ask to keep her position as the House Minority Leader according to Democratic sources. CNN's senior congressional correspondent Dana Bash broke that news earlier this hour. Pelosi is expected to make an official announcement in just about ten minutes. Toyota Motors recalling nearly three million cars worldwide. It's mostly for Prius models with steering problems but some cars have a problem with the hybrid system failing. Cars are being recalled in United States, Europe and Japan. Toyota says owners will be notified by mail next month. And this morning people watched as the moon blocked out the sun in a stunning total solar eclipse that was only visible from the northeastern coast of Australia and of course, here on CNN. It only lasted about 20 seconds in some places. Total eclipses are pretty darn rare to see in any given region. They happen about once every 375 years. Wow.
New Jersey Governor Christie Favors Tax Hike