President Barack Obama has won re-election to a second term, overcoming voter doubts about the slow economic recovery on his watch to defeat Republican Mitt Romney.
The incumbent president has captured at least 303 electoral votes – more than the majority of 270 required for victory in Tuesday’s quadrennial election.
During his victory speech in Chicago, Obama said that “the task of perfecting our union moves forward.”
“We are an American family and we rise or fall together as one nation,” he said. “We know in our hearts that for the United States of America the best is yet to come.”
Obama said that he had congratulated Romney on a hard fought campaign.
“The Romney family has chosen to give back to America through public service.”
“We have picked ourselves up, we have fought our way back and we know in our hearts that for the United States of America the best is yet to come,” he said.
He pledged to work with Republican leaders in Congress to reduce the government’s budget deficit, fix the tax code and reform the immigration system.
“We are an American family and we rise and fall together as one nation,” he said.
Romney conceded the long, hard fought 2012 campaign in a speech before a crowd of disappointed supporters in Boston, Massachusetts, the state he once governed. Standing alone on the podium, he congratulated Obama on his election victory, saying “this is a time a great challenge for our nation, and I pray the president will be successful in guiding our nation.”
Romney also praised his vice presidential running mate, Congressman Paul Ryan, calling him “the best choice I’ve ever made” next to marrying his wife Ann.
Supporters at the president’s campaign headquarters in Chicago waved flags and cheered at the news late Tuesday, which came after Obama won enough states to reach the 270 electoral votes needed to clinch the election.
Obama’s campaign staff Tweeted “Four more years,” and included a picture of the president hugging his wife, Michelle Obama. The Empire State Building in New York lit its light atop the iconic building blue, the color of the Democratic Party.
The latest projected results have Obama, a Democrat, winning 306 electoral votes and Romney with 203 Electoral College votes.
The projections say Obama won in the District of Columbia and 25 states, including the battleground states of Ohio, Virginia, Iowa, New Hampshire and Pennsylvania. Romney won in 23 states including North Carolina and Indiana, which both went for Obama last election. Another key battleground state, Florida, remains too close to call.
The candidates made a final push for support Tuesday as voters waited in long lines at polling places. Some sporadic problems were reported, and both candidates dispatched lawyers to monitor the voting for any irregularities.
The Justice Department had nearly 800 observers in 23 states to respond to any allegations of fraud.
After a year-and-a-half of campaigning, three debates and thousands of televised campaign ads, nationwide pre-election surveys had the two candidates in a virtual deadlock.
U.S. presidential elections are not decided by the national popular vote, but rather by the Electoral College system, developed more than 200 years ago, in which each of the 50 states’ influence on the outcome is roughly equivalent to its population.
Voters were also electing all 435 members of the House of Representatives, and 33 of the 100 members of the Senate.
Projections Tuesday show Republicans will hold onto control of the House of Representatives while Democrats will stay in charge of the Senate.
Millions of Americans cast ballots in early voting in the last month. Obama voted several days ago in his home city of Chicago, and spent Tuesday there. He conducted interviews for broadcast in key states and played basketball with friends, one of his Election Day traditions. He also called voters from a campaign office.
Romney, a one-time venture capitalist, voted Tuesday morning in Massachusetts, the northeastern state he once governed but where Obama won. He also made a final push for votes in the key states of Ohio and Pennsylvania.
Obama’s victory came despite lingering high employment – 7.9% on election day – and tepid economic growth.
But voters gave him credit for his 2009 rescue of the US car industry, among other policy accomplishments, and rewarded him for ordering the commando mission that killed Osama Bin Laden in Pakistan last year.
He and Romney, as well as their respective allies, have spent more than $2bn.
Source:Thetimesofearth
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