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Fox News Projects: President Obama Wins the 2012 Presidential Election

President Barack Obama has been re-elected to a second term as President of the United States, defeating former Massachusetts Gov. Mitt Romney.

Take a look at this photo from Obama campaign headquarters in Chicago, Illinois.

READ THE FULL TRANSCRIPT OF PRESIDENT OBAMA'S VICTORY SPEECH HERE.

Watch President Obama's complete acceptance speech below:

Key Moments From Barack Obama's First-Term in Office:

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// 2012 Election // Barack Obama // Mitt Romney // Obama Victory Speech // Obama Wins Re-Election // President Obama // President Obama Acceptance Speech // Presidential Election // Who Won the Election?
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