Mitt Romney Concedes To Obama – Speech (VIDEO)

Republican candidate Mitt Romney faced his supporters tonight and conceded defeat, saying: “I have just called President Obama to congratulate him on his victory.”

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Barack Obama has won a second term as US President after beating Republican challenger Mitt Romney following a bitter and costly election campaign.

The Democrat sealed victory by winning in Ohio, Iowa, New Hampshire, Nevada, Wisconsin, Virginia and Colorado – six of the nine key battleground states.