Mitt Romney Concedes Presidency

That’s a wrap. After more than 17 months of campaigning, a mostly unemotional Mitt Romney conceded the presidency to Barack Obama on Tuesday night, as networks gave the incumbent an 100 electoral vote lead. Speaking to supporters in Boston, the former Massachusetts governor—who earlier in the night said that he had only prepared a 1,118-word victory speech—said that he wished the president well. “This is a time of great challenges for America,” Romney said. Thanking running mate Paul Ryan and his wife Ann, Romney called his campaign an unprecedented effort for the GOP. “The nation as you know is at a critical point,” Romney said. “Our leaders have to reach across the aisle.”