The president spent a relatively small portion of his campaign discussing his second term agenda, but he did open up in an off-the-record October interview with the Des Moines Register that was later made public. The president predicted a "grand bargain" on the deficit within his first six months of his second term as well as a deal on immigration reform and corporate tax reform.

For now, however, Mr. Obama is certainly relishing a victory in what may well be the last campaign he will ever have to run.