Compiled by Jonathan Helman
CNN Washington Bureau

Washington Post: Obama’s Moment
Barack Obama walked on stage in Iowa with his wife Michelle and two daughters to roaring cheers. He was a triumphant, if hoarse, giant slayer. He waved to the crowd and declared his victory "a defining moment in history." "They said this day would never come," he said. "They said our sights were set too high. They said this country was too divided — too disillusioned to ever come together around a common purpose."

NY Times: At Huckabee Central, Cheers for Evangelical Base
Mike Huckabee, a former Baptist minister, rode a crest of evangelical Christian support to victory on Thursday over his rival Mitt Romney, capping a remarkable ascent over the last two months from near the bottom of the Republican field. A poll of people entering the Republican caucuses on Thursday showed more than 8 in 10 of his supporters identified themselves as evangelicals.

Washington Post: Clinton Campaign Looks Toward N.H.
At 9:25 p.m. Central time, Sen. Hillary Rodham Clinton emerged onstage to acknowledge the first electoral loss of her career. "I am so ready for the rest of this campaign, and I am so ready to lead," Clinton said.

Washington Post: Disappointed Romney Supporters Note 'Reagan Lost Iowa'
They packed into Mitt Romney's victory party, and were quickly disappointed. But the boisterous crowd was anything but defeated.

Union Leader: McCain says he must win New Hampshire
Sen. John McCain says he must win New Hampshire and he's confident Republican primary voters will give him another stunning victory here come Tuesday.

Washington Post: Edwards Team Sees Three-Way Race
"The status quo lost and change won," John Edwards told a cheering crowd at a downtown Des Moines hotel after placing second in Iowa's Democratic caucuses. "We saw two candidates who thought their money made them inevitable."

NY Times: Call for Change Shakes Up the Democratic Field
Whether it was because the Democrats were eager to leave behind the bitter divides of the last two decades or because they wanted to send a message that a small white state could transcend the issue of race, Iowa voters dispelled the skepticism that Senator Barack Obama was too inexperienced in world affairs.

LA Times: Ron Paul gets some revenge
An easily overlooked aspect of the Iowa caucuses — Ron Paul not only besting Rudy Giuliani, but doing so by more than 2-to-1 — sparked a trip down memory lane for us.

Washington Times: N.H. race centers on undecided, not Iowa
The voters of New Hampshire, fiercely independent and, right now, mostly undecided, don't much care what happened last night in the Iowa caucuses, and they often flaunt their independence at the ballot box.

Washington Times: Fox News challenged over Paul debate snub
The decision by Fox News not to include Republican hopeful Ron Paul in Sunday's prime-time presidential debate in New Hampshire has made some wonder whether the network has overstepped its bounds as a news organization.

USA Today: N.H. race made even murkier
Republicans head into New Hampshire much as they went into Iowa: Puzzling over an unsettled field of candidates, each of whom is struggling for broad acceptance within the party.

Boston Globe: Political history a warning for early-season winners
Now comes the hard part for Barack Obama and Mike Huckabee, the insurgents who last night took center stage in their parties' presidential races, but who will now face the daunting scrutiny of the political and media world, with many of their own parties' leaders arrayed against them.