Election Day Update: Iowa

Today is Election Day 2007, a year away from the quadrennial election when voters choose the 44th President of the United States.

But, in less than two months, the nominating process that will select the Democratic and Republican nominees will begin in earnest. The early primary and caucus states are gearing up.

Iowa will be the very first test for 2008, coming on Jan. 3.

Traditionally, Iowa is not known for anointing winners. Rather it's a place that has thinned out the field, turning candidates with big dreams into also-rans.

For Democrats, the Iowa race is much closer than in national polls, which give Sen. Hillary Clinton of New York a commanding lead over Sen. Barack Obama of Illinois, with John Edwards of North Carolina even further back.

But it's Edwards who has invested more time and money in Iowa than in any other state. He is under the most pressure here and needs to do well.

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