If both candidates get 269 electoral votes...
... the election goes to the House of Representatives and the House will elect the new president.
http://www.270towin.com/blog/electoral-col...ectoral-college
http://www.huffingtonpost.com/2008/06/17/w...d_n_107529.html
http://www.uselectionatlas.org/FORUM/index.php?topic=73753.0
... BTW, though, the candidates do have the chance to lure away a "faithless elector" from some state before this happens to break the tie.
The last time there was a tie (73-73) was 1824.
