Election Day: Presidential Polls Indicate Close Race As Americans Head to Voting Ballots

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Americans head out to polls to caste their votes on Tuesday. It is the first time in 76 years that a presidential election has been so close, but today we will see if President Barrack Obama will be re-elected as president, or if former Massachusetts Governor Mitt Romney will be elected as the nation's commander in chief.

The course of campaigning in 2012 was unlike the previous, in which Senator John McCain and Obama shared a rivalry that was devoid of the bitterness that was omnipresent between Romney and Obama. The three presidential debates showed the American people just how much the two candidates disagreed with each other, more so on a personal level.

Since 2008, American has faced serious economic problems and this is can be attributed as a major reason for Obama's deteriorating popularity. Presidential polls released Monday; show that Americans are torn between the two choices.

According to the Huffington Post, Obama is currently at 47.9 percent, while Romney is at 46.8 percent.

Other major polls such as PPP, Ipsos/Reuters, CNN, Pew, and NBC/Wall Street Journal also reveal that Obama has a slight lead over his opponent. Polls such as Rasmussen and Zogby/ Newsmax show that both the candidates are tied at 49 and 47 percent respectively.

When it comes to electoral votes Obama is currently at 237 electoral votes, while Romney has 191. In order to win the election, a candidate must procure 270 electoral votes.

According to National Journal correspondent Major Garrett told CBS News, ""We don't know the size of the political universe. It's not going to be 2008. It's not going to be that robust for President Obama it's not going to be that slack for Mitt Romney. It may be like 2004, which could mean for Mitt Romney it's really, really close."

The poll for each individual state can be found here.

After weeks of lagging slightly behind former Governor Romney, President Obama finally took a one point percent lead last week. According to the Reuters/Ipsos Obama is 47 percent among likely voters while the former Massachusetts governor is at 46 percent in the poll released Tuesday.

The same poll reveals that 53 percent of registered voters think Obama will be elected for his second term as president in the upcoming elections, while only 29 percent seem to think Romney will win.

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