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A new poll from TIME shows President Barack Obama with leads over his possible GOP opponents for the 2012 Presidential Election.

The poll shows Obama with a three point lead over Mitt Romney and a 12 points leads over Rick Perry and Herman Cain.

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TIME reports:

Obama leads Romney, the former Massachusetts governor who sits atop the GOP presidential field, 46% to 43% among likely voters. The President has opened a double-digit lead over Perry, 50% to 38%, highlighting concerns percolating through the GOP that the Texas governor would face a steep uphill climb should he capture the nomination. Obama also boasts a 49% to 37% edge over businessman Herman Cain, whose strong Tea Party support has propelled him toward the top of Republican ranks in recent weeks.

Read More AT TIME