After months of long and hard campaigning, coupled by an acerbic rivalry, which came forth loud and clear during the three Presidential debates, the race is finally over.
Former Governor of Massachusetts, Mitt Romney was only two percentage points behind in the popular vote with 48 percent, while Obama led with 50 percent. As for electoral votes, Obama garnered 303 electoral votes, while Romney garnered 206. The candidates needed a minimum of 270 to win.
In his concession speech, Romney congratulated the President, the First Lady and his daughters. He went on to say, "this is a time of great challenges for America, and I pray that the president will be successful in guiding our nation," as seen in the video below.
He also spoke about Paul Ryan, his choice for VP on the presidency ticket, "Besides my wife Ann, Paul was the best choice I made." He of course spoke of his wife, telling the crowd "she would have made a great First Lady."
In his acceptance speech, President Barrack Obama also commended Romney for a "well-fought race," telling the crowd that "I congratulated (Romney and Ryan) on a hard and well-fought campaign."
As for the congressional elections, the Republicans won the House and Democrats won the Senate. According to the finally tally, for the House the count is as follows: Republicans - 232 and Democrats 191, with a balance of power being 218; and for the Senate: Republicans 45 and Democrats 51, with a balance of power being 50.
