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| President Barack Obama, first lady Michelle Obama, Vice President Joe Biden and Jill Biden Courtesy: Chris Carlson / AP Photo |
Democratic US President Barack Obama handily beat Republican candidate Williard "Mitt" Romney in the contentious 2012 presidential election. Based on current logistics, President Obama received 52% vs Romney's 48% of the popular vote and Obama won 303 electoral college votes vs Romney's 206. Only 270 electoral college votes are needed to declare victory.
Florida's final results are not confirmed yet, but so far has Obama in the lead. Even if Obama was to lose Florida, it won't effect his victory, due to his successful, mass collection of electoral college votes.
President Obama accepted his re-election and delivered his victory speech in his hometown of Chicago, Illinois.
Read the full transcript of President Barack Obama's victory speech or courtesy of website Mediaite, Watch Obama's 2012 Presidential victory speech :
President Obama's 2012 Victory Speech transcribed by Roll Call:
Thank you so much.
Tonight, more than 200 years after a former colony won the right to determine its own destiny, the task of perfecting our union moves forward.
It moves forward because of you. It moves forward because you reaffirmed the spirit that has triumphed over war and depression, the spirit that has lifted this country from the depths of despair to the great heights of hope, the belief that while each of us will pursue our own individual dreams, we are an American family and we rise or fall together as one nation and as one people.
Tonight, in this election, you, the American people, reminded us that while our road has been hard, while our journey has been long, 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.
I want to thank every American who participated in this election, whether you voted for the very first time or waited in line for a very long time. By the way, we have to fix that. Whether you pounded the pavement or picked up the phone, whether you held an Obama sign or a Romney sign, you made your voice heard and you made a difference.
