Rick Santorum surges to the 3rd place in latest Iowa poll

In the latest poll out of Iowa today it appears that Newt Gingrich has lost some ground dropping to 4th place while former Pennsylvania Senator Rick Santorum has jumped substantially and now holds third place. Mitt Romney is leading currently while Ron Paul holds a close 2nd.

Report from CNN:

A new survey of people likely to attend Iowa’s Republican caucuses indicates that the former House speaker’s support in the Hawkeye State is plunging. And according to a CNN/Time/ORC International Poll, one-time long shot candidate Rick Santorum has more than tripled his support since the beginning of the month.

Twenty-five percent of people questioned say if the caucuses were held today, they’d most likely back Mitt Romney, with 22% saying they’d support Rep. Ron Paul of Texas. Romney’s three point margin is within the poll’s sampling error.

The poll’s Wednesday release comes six days before Iowa’s January 3 caucuses, which kickoff the presidential primary and caucus calendar. The Iowa caucuses are followed one week later by the New Hampshire primary.

A new CNN/Time/ORC poll of likely primary voters in New Hampshire indicates that Romney, the former governor of neighboring Massachusetts, remains the front-runner, far ahead of his rivals for the GOP nomination.

In Iowa, both Romney and Paul are each up five points among likely caucus goers from a CNN/Time/ORC poll conducted at the start of December. The new survey indicates that Santorum, the former senator from Pennsylvania, is at 16% support, up 11 points from the beginning of the month, with Gingrich at 14%, down from 33% in the previous poll. Since Gingrich’s rise late last month and early this month in both national and early voting state surveys, he’s come under attack by many of the rival campaigns.

According to the survey, 11% are backing Texas Gov. Rick Perry, 9% are supporting Rep Michele Bachmann, and 1% are backing former Utah Gov. and former ambassador to China Jon Huntsman, who’s spending nearly all his time campaigning in New Hampshire.

This is huge news for Santorum who has spent possibly the most time on the ground in Iowa visiting every county and shaking a lot of hands.