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President Obama Re-elected

Barack Hussein Obama was re-elected president of the United States on Tuesday, overcoming powerful economic headwinds, a lock-step resistance to his agenda by Republicans in Congress and an unprecedented torrent of advertising as a divided nation voted to give him more time.

In defeating Mitt Romney, the president carried Wisconsin, Iowa, New Hampshire, Colorado and Virginia and was holding on to a narrow advantage in Ohio and Florida. The path to victory for Mr. Romney narrowed as the night wore along, with Mr. Obama steadily climbing toward the 270 electoral votes needed to win a second term.

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All network TVs have called the election for President Obama. Obama is leading both in Florida and Virginia and Colorado has been called for Obama by CNN at 12:21 AM EST. Obama has 290 electoral votes with Florida and Virginia yet to be called.

UPDATES:

- 12:41 AM EST Virginia goes to Obama only Florida left at this time
- 303 Electoral votes for Obama
-12:55 AM Mitt Romney concedes and with that the most expensive presidential election in American history comes to an end.
- 1:36 AM Obama with first lady and his two daughters on stage about to make his victory speech
- crowds chanting 4 more years 4 more years