president obama victory speech (2012)*Barack Obama has been re-elected as President of the United States for a second term.

President Barack Obama handily defeated Gov. Mitt Romney and won himself a second term Tuesday after a bitter and historically expensive race that was primarily fought in just a handful of battleground states. Networks project that Obama beat Romney after nabbing the crucial state of Ohio.

The Romney campaign’s last-ditch attempt to put blue-leaning Midwestern swing states in play failed as Obama’s Midwestern firewall sent the president back to the White House for four more years. Obama picked up the swing states of New Hampshire, Michigan, New Mexico, Iowa, Wisconsin, Colorado, Nevada, Pennsylvania, Minnesota, and Ohio. Florida and Virginia are still too close to call, but even if he won them, they would not give Romney enough Electoral College votes to put him over the top. The popular vote will most likely be much narrower than the president’s Electoral College victory.

The Obama victory marks an end to a years-long campaign that saw historic advertisement spending levels, countless rallies and speeches, and three much-watched debates.

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Watch as President Barack Obama gives his victory speech: