Barack Hussein Obama, 51, has been re-elected to a second term in office as the President of the United States.

President Obama defeated Mitt Romney Tuesday in what is called a historically expensive race that was primarily fought in just a handful of battleground states. News networks projected Obama the winner after he won the very crucial state of Ohio.

Obama was projected the winner of New Hampshire, Michigan, New Mexico, Iowa, Wisconsin, Pennsylvania, Minnesota, and Ohio. The president won highly on electoral votes with a 303 lead to 203 over Romney, CNN confirmed.

According to CNN, the popular votes indicate that the president is leading Romney with 49,578,064 to 49,537,365. This gives the president a 40,699 lead over Romney. The percentage of those numbers still remains at 49 percent for both candidates.

Romney on the other hand, depended on the popular vote which was more likely to be much narrower than the Electoral College victory of the president.

This victory of Obama marks an end to long years of campaign that saw sky-high spending levels in advertising, countless rallies, speeches, and three-much watched debates.

Fourteen states were seen in full action Tuesday as every vote counted. The candidates spent a great amount of their campaign time and money in the electoral battleground states this year. Romney even went the extra mile to campaign on Election Day.

Although national polls showed Obama and Romney in a dead heat, Obama always held a slight lead in the states that mattered the most to be re-elected.

Now that the President heads back to the oval office to face another term, Republicans will still hold the majority in the House and Democrats will maintain their majority in the Senate.