President Obama won a second term last night he will be re-elected, after which Mitt Romney graciously conceded defeat and offered his prayers to the president.
"I so wish that I had been able to furfill your hopes....but the nation chose another leader," Romney told heart broken supporters at his Boston headquarters.
"I pray the president will be successful in guiding our nation," Romney said before running mate Rep. Paul Ryan of Wisconsin and their families joined Romney on the podium.
Obama's lease on the White House was renewed with a crucial victory in Ohio.
Celebrations erupted in Obama's home town of Chicago, in New York's Time Square and outside the White House, while Romney's Boston headquarters went mournfully quiet.