by Nathan Andrada

Chicago, IL

U.S. President Barack Obama said that the "best is yet to come" for the country during his reelection victory speech in his hometown Chicago.

America's first black president secured a fresh four-year term in the White House with results coming in from most states suggesting that he has garnered more than 300 electoral votes. A candidate needs 270 votes to secure the presidential race.

Obama was joined by First Lady Michelle Obama and daughters Sasha and Malia when they arrived in McCormick Place where they were greeted by thunderous cheers from the crowd.

The president congratulated his Republican rival Mitt Romney and running mate Rep. Paul Ryan for a hard-fought campaign.

Obama also said he is willing to meet Romney in the next several weeks to discuss how they can work together to help the country. He noted the fierce battle with Romney, but said it was only because both have deep love for the country.

Obama's victory speech had a conciliatory tone saying he returns to the White House more determined and inspired. He vowed to work with Republican Congressmen to address pressing issues like reducing the federal budget deficit, fixing the tax code and reforming the immigration system.

Obama managed to get reelected despite lingering high unemployment and weak economic growth in the country.

 

Obama's Complete Victory Speech: Obama Wins the 2012 Election

 

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