The nation's 44th President will get a second term. After a long, bitter and expensive campaign, President Barack Obama has won re-election by securing more than 270 electoral votes. Obama defeated Republican Mitt Romney, a former governor of Massachusetts. Obama's path to victory was secured by winning several key battleground states. The nation's first African American President will continue to govern a deeply divided electorate and a split Congress. Democrats are projected to retain control of the U.S. Senate while Republicans are projected to retain the majority in the House.
When news networks called the election for Obama, thousands of people surrounded the White House in a spontaneous celebration. It was a scene reminiscent of the night that Obama announced the death of Osama bin Laden. Addressing supporters in Chicago, the President praised the "American family" and said the "task of perfecting our union moves forward." He added, "The best is yet to come."