First Couple, Vice Presidential Couple Acknowledge Crowd In Chicago After Winning Reelection

President Barack Obama, first lady Michelle Obama, Vice President Joe Biden and Jill Biden acknowledge the crowd at his election night party Wednesday, Nov. 7, 2012, in Chicago. President Obama defeated Republican challenger former Massachusetts Gov. Mitt Romney. <AP Photo/Carolyn Kaster>

U.S. President Barack Obama gives a victory speech at an Election Night rally in Chicago, Illinois on Nov. 6, 2012. Media projections showed that Obama won a second term in the White House in Tuesday’s presidential election. <Xinhua/Zhang Jun>

Republican presidential candidate and former Massachusetts Gov. Mitt Romney gives his concession speech at his election night rally in Boston, Wednesday, Nov. 7, 2012. <AP Photo/Charles Dharapak>