President Barack Obama, accompanied by first lady Michelle Obama and daughters Malia and Sasha arrive at the election night party Wednesday, Nov. 7, 2012, in Chicago. Obama defeated Republican challenger former Massachusetts Gov. Mitt Romney. (AP Photo/Carolyn Kaster)

Photo by: Carolyn Kaster

President Barack Obama, accompanied by first lady Michelle Obama and daughters Malia and Sasha arrive at the election night party Wednesday, Nov. 7, 2012, in Chicago. Obama defeated Republican challenger former Massachusetts Gov. Mitt Romney. (AP Photo/Carolyn Kaster)