Republican presidential candidate Sen. John McCain conceded the presidential race before a crowd of supporters in Phoenix on Tuesday. He also congratulated Sen. Barack Obama. Here is a transcript:
Sen. John McCain concedes defeat in the presidential election to Barack Obama.
McCain: Thank you. Thank you, my friends. Thank you for coming here on this beautiful Arizona evening.
My friends, we have -- we have come to the end of a long journey. The American people have spoken, and they have spoken clearly.
A little while ago, I had the honor of calling Sen. Barack Obama to congratulate him. Watch McCain's speech
To congratulate him on being elected the next president of the country that we both love.
In a contest as long and difficult as this campaign has been, his success alone commands my respect for his ability and perseverance. But that he managed to do so by inspiring the hopes of so many millions of Americans who had once wrongly believed that they had little at stake or little i
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Posted: 11/5/2008