Obama victory speech: The best is yet to come

CHICAGO - President Barack Obama gave an impassioned speech to his supporters in Chicago after midnight, talking about his re-election win and the future of the United States.

"More than 200 years after a former colony won the right to determine its own destiny, the task of perfecting our union moves forward. It moves forward because of you. It moves forward because you reaffirmed this," Obama told the crowd. "We are an American family and we will rise or fall together as one nation and as one people."

The president talked to thousands of supporters at McCormick Place and to a nationwide television office.  Obama was welcomed by thunderous applause as he arrived on stage in his hometown, joined by first lady Michelle Obama and daughters Sasha and Malia.

"Tonight, in this election, you the American people reminded us that while our road has been hard, our journey has been long, we have picked ourselves up. We fought our way back and we know in our hearts that for the United States of America the best is yet to come," he said.

"I want to thank every American that participated in this election. Whether you voted for the very first time or waited in line for a very long time. By the way, we have to fix that. [cheers] Whether you pounded the pavement or picked up the phone. Whether you held an Obama sign or a Romney sign. You made your voice heard and you made a difference," Obama continued.


 Obama says he wants to meet with Republican rival Mitt Romney to discuss how they can work together. 

"I congratulated [Mitt Romney] and Paul Ryan on a hard fought campaign. We may have battled fiercely but it's only because we love this country deeply," Obama told his supporters.

Obama promised the nation "the best is yet to come."

The president rolled to a second term over Romney, winning more than 300 electoral votes.

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