CNN is projecting that Barack Obama will win the Iowa Caucus.
That doesn’t have a huge impact on the campaign of Hillary Clinton, who had downplayed the importance of victory in Iowa, has strong organizations in other states and has been the frontrunner in New Hampshire, but it has huge consequences for John Edwards.
Edwards had bet everything on winning Iowa. If he finishes second – and he’s currently barely holding on to that spot – he might be able to stay in the race through New Hampshire on Tuesday and see how he does there, but if he finishes third tonight in Iowa, he’s going to have to think seriously about ending his campaign.
Bill Richardson might also be seriously thinking about ending his campaign.
CNN is projecting that Barack Obama will win the Iowa Caucus.