http://www.YouDecide2008.com - All the latest Iowa caucus news from the Fox Report including Romney's reaction to Huckabee's pulled ad and news from the Democratic side. January 1, 2008.The Iowa caucus is an electoral event in which residents of the U.S. state of Iowa elect delegates to the county convention to which their precinct belongs in a caucus. There are 99 counties in Iowa and thus 99 conventions. These county conventions then select delegates for both Iowa's Congressional District Convention and the State Convention, which eventually choose the delegates for the presidential nominating conventions (the national conventions).The Iowa caucus is noteworthy for the amount of media attention it receives during U.S. presidential election years: Since 1972, the Iowa caucus has been the first major electoral event of the nominating process for President of the United States. Although only about one percent of the nation's delegates are chosen by the Iowa state convention, the initial caucus has served as an early indication of which candidates for President might win the nomination of their political party at that party's national convention.The 2008 Iowa caucus takes place January 3, after candidates have spent tens of millions of dollars on television ads and hundreds of paid staff in dozens of field offices.

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