Romney wins Iowa caucuses by eight votes

POSTED: Wednesday, January 4, 2012 - 4:12pm

UPDATED: Wednesday, January 4, 2012 - 4:18pm

After what appears to be the closest Republican contest ever in Iowa, we finally have a winner.

Mitt Romney won the state's caucus by just eight votes.

"This is a campaign night where America wins," Romney said.

Senator John McCain is expected to endorse Romney in New Hampshire today.

Iowa was also a big win for Rick Santorum.

He got 25% of the vote after polling in single digits just a few weeks ago.

"We will be in New Hampshire, we'll leave tomorrow, we'll spend time there and with your help and God's grace, we'll have another fun night there a week from now," Santorum said.

Ron Paul came in third and thanked an enthusiastic crowd of supporters.

"You know you always can do better, it inspires our people and it inspires me to do better," he said this morning.

Still, Romney's biggest challenge may come from Newt Gingrich, who vowed to fight negative ads by attacking Romney's record.

Coming in next to last, Rick Perry announced he's suspending his campaign.

Michele Bachmann came in dead last, and has canceled a planned trip to South Carolina today.

She's expected to make a statement later in the morning.

25% is the smallest win in Iowa in at least three decades.

Three out of four Iowans voted against the winner.

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