VIDEO: Mitt Romney gives presidential election concession speech

(WXYZ) - Mitt Romney conceded to President Barack Obama Tuesday night.

He started off the speech by wishing the first family well by saying, "I wish all of them, well particularly the President, the first lady and their daughters."

During the speech he also thanked Paul Ryan for his work during the campaign.

 He thanked his wife, Anne, whom he refers to as the love of his life.

He also made reference to his sons, their wives and their children for helping during this election.

A key point made, that the nation is at a critical point and that leaders have to reach across the aisles to do the peoples' work.

 He acknowledges giving his all to this campaign and that he is thankful and ended by saying, "God Bless America."

Watch Romney's concession speech in the player above.