Barack Obama has been elected to a second term as President of the United States. Republican candidate Mitt Romney has conceded the race, and wished Obama a successful term in his concession speech.
“We're all in this together. That's how we campaigned, and that's who we are. Thank you,” the president wrote on Twitter shortly after the projection was reported.
In his acceptance speech, Obama praised the American spirit that helped the country unify and overcome its darkest hours, and said he would work with Republicans to move on and achieve their common goals.
Obama thanked all those who voted on Tuesday, and those who helped his campaign. He said he is returning to the White House more inspired than ever, and pledged to realize the vision of a prosperous, technologically superior, well-defended and inspirational America.