WASHINGTON - US President Barack Obama has been re-elected to a second term in office Tuesday, November 6, after defeating his Republican challenger Mitt Romney.
"You voted for action, not politics as usual," Obama said in his victory speech.
Obama scored the needed 270 electoral votes for being re-elected to a second term in office.
"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.
Romney conceded his defeat in a gracious speech delivered to disappointed supporters at the Boston convention center.
"This is a time of great challenge for our nation," Romney told the crowd.
"I pray that the president will be successful in guiding our nation."
Obama told his crowd he hoped to sit down with Romney in the weeks ahead and examine ways to meet the challenges ahead.
He also called for compromise and pledging to work with Democrat and Republican leaders to reduce the deficit, to reform the tax code and immigration laws, and to cut dependence on foreign oil."We are an American family and we rise and fall together as one nation," he said.