UPDATE: Mitt Romney celebrates GOP win in Iowa

Rivals Michele Bachmann and Rick Perry flounder in caucus
Wednesday, January 4, 2012 | 10:01 a.m. CST

DES MOINES, Iowa — A squeaker of an Iowa victory in hand, Mitt Romney headed into the New Hampshire primary insisting that staying power sets him apart from runners-up Rick Santorum and Ron Paul and the rest of the GOP presidential field. Two rivals already looked shaky — last-place finisher Michele Bachmann canceled a campaign trip Wednesday and Rick Perry was heading home to Texas to think things over.

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