U.S. President Barack Obama, first lady Michelle Obama and their daughters Malia and Sasha (L) walk from Marine One to Air Force One in Chicago, November 7, 2012 following the U.S. presidential election. REUTERS/Jason Reed
WASHINGTON (Reuters) - President Barack Obama had little time to savour victory on Wednesday after voters gave him a second term in the White House where he faces urgent economic challenges, a looming fiscal showdown and a still-divided Congress able to block his every move.
Despite a decisive win over Republican Mitt Romney in Tuesday's election, Obama must negotiate with a Republican majority in the House of Representatives to try to overcome the partisan gridlock that gripped Washington for much of his first term.
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