Boehner: 'We Will Rebuild Our Party'

House Republican Leader John Boehner has just released a statement congratulating Obama and vowing to rebuild his party after another stinging loss at the polls.

“We will rebuild our party the way it was originally built by President Lincoln and renewed nearly three decades ago by President Reagan: by fighting for the principles of freedom, opportunity, security, and individual liberty,” Boehner said.

Boehner said Obama has already “sketched a troubling policy roadmap” and vowed that congressional Republicans will hold Democrats accountable.

Boehner: 'We will rebuild our party'