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Sanders Rattles Clinton In Iowa

Clinton barely edges Sanders. Politico: “Hillary Clinton narrowly defeated Bernie Sanders in the Iowa caucuses, according to results announced by the state Democratic Party early Tuesday morning … Clinton was awarded 699.57 state delegate equivalents, versus 695.49 for Sanders … [The one outstanding] precinct, in Des Moines, is worth 2.28 state delegate equivalents … Though Sanders had not conceded, Clinton’s campaign declared victory in a statement at 3:35 a.m. Eastern.”

AP adds: “The final numbers are awarded proportionately, based on statewide and congressional district voting, determining Iowa’s 44 delegates to the national convention. Even without a declared winner, The Associated Press awarded all but one of those delegates. Clinton led Sanders 22 to 21, with the remaining delegate to be awarded to the statewide winner.”

Sanders heralds “political revolution.” CNN quotes: “…while the results are still not known it looks like we are in a virtual tie. And that is why what Iowa has begun tonight is a political revolution.”

Sanders predicts wins. W. Post: “…Sanders told a crush of reporters jockeying for position in the aisle that his campaign is now ‘in this for the long haul.’ ‘We’re going to win states all over the country,’ a beaming Sanders predicted … ‘we’re in this to the convention, and this is a campaign that we can win.'”

Clinton campaign declares victory. W. Post: “…Clinton’s aides said that they viewed Iowa as ‘tailor-made’ for Sanders, and that despite his advantages with the state’s liberal Democratic base, he was unable to win.”

Iowa exposed Clinton’s weakness, says Politico: “…an all-too familiar tale with echoes of 2008, of grit and a top-dollar organization undercut by the candidate’s flaws, the stubborn ambivalence of a state that has now delivered two embarrassments – but above all her inability to capture the zeitgeist of her own party.”

Cruz Stops Trump

Sen. Ted Cruz wins Iowa despite trailing in polls. Politico: “…the Cruz team insisted they would win a close race, pointing to their turnout organization and their analytics and data modeling … they had identified precise numbers of voters deciding between their candidate and Trump, Rubio and Carson. For each undecided group, they had a targeted plan involving direct mail, volunteer calls and visits and digital ads.”

Solid third place for Rubio could mean more Establishment support. W. Post: “Rubio came within a couple hundred supporters of piercing the impenetrable bubble thought to be around Cruz and Trump … Rubio’s impressive results in the Iowa caucus — and his speech afterward — were tailored to one simple message: He is the GOP candidate with the broadest appeal to win in a general election, and Iowa proves it.”

Breakfast Sides

Former Chairman of the Financial Crisis Inquiry Commission Phil Angelides urges Justice Department to reopen cases involving 2008 market crash, at “…because of the 10-year statute of limitations for financial fraud affecting banks and other types of financial institutions, there is still time to investigate and prosecute crimes committed in 2006 and 2007 – the final period of wild excess before the mortgage market collapsed. But time is quickly running out.”

Sen. Mitch McConnell aims to duck divisive fights. The Hill: “[He] is under pressure from some in his conference to take action this year on a sweeping Pacific Rim trade deal, criminal justice reform legislation and an authorization for the use of military force [but] McConnell is likely to take the safe route and not advance any bills that divide his ­conference … McConnell’s toughest conundrum may be over what to do about a budget …”

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