Mitt Romney on Top In GOP Race

Newt Gingrich's support has dropped, making Romney the new front-runner.
2:49 | 12/29/11

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Transcript for Mitt Romney on Top In GOP Race
Stunning new developments in the race for president the polls had seesawed and now Mitt Romney is firmly on top. The question is even beyond Iowa can anybody stop them. ABC's Jonathan Karl is following every turn in this race -- -- -- this has been a dramatic up and down roller coaster the last few days. Unbelievable -- but after a year -- Republican voters seem determined to choose anybody but Mitt Romney the former Massachusetts governor now finally. -- starting to look like the true front runner. Romney is now seen the largest and most enthusiastic crowds he -- ever seen in Iowa. Our president. Sick again chest pockets. Thank you. Once considered skipping Iowa now Romney is out to winning I feel pretty good about the sport I'm I'm receiving here in Iowa and New Hampshire for that matter and a it looks like we're going to be off to a good start a new CNN poll -- Romney on top followed by Ron Paul former senator Rick Santorum. And in an embarrassing fourth place former front runner Newt Gingrich. In New Hampshire Romney is way out in front of all of them. Romney is benefiting from the spectacular collapse of Newt Gingrich who less than a month ago was talking like you've already won the nomination and Vietnam. But Gingrich has been hammered by me or negative ads in Iowa than anybody. And lately his campaign has been such a -- that Romney compared it to Lucille Ball in the chocolate factory. In response Gingrich visited a real chocolate factory and Iowa. -- -- -- And then it's bad. Romney says he has no problem with negative ads even those run by others I course -- get up and say -- I -- all of the negative. -- and -- but I don't. But what was admittedly this is part of the process the harshest would you rat comes from -- to all hammering Gingrich -- -- serials. -- -- -- -- -- Max while Romney is riding high the hottest -- in Iowa -- now only be Rick Santorum. No longer -- that we back of the pack he's quickly picking up support from Christian conservatives -- We feel the bigger the bigger numbers and the very very good about how -- -- and -- see that reflected in some of the -- video a lot of work to do Ottawa. While Mitt Romney is in the strongest position he has ever been in this rate. He still hasn't exactly caught fire with a Republican voters his opponents Josh was with keep blowing themselves up. But look at that Iowa poll he still only a 25%. Now they're all -- 5% Republicans are still supporting somebody besides. -- -- -- -- -- -- It would it was sent I think there might constitute. In just five days thank you Jonathan.

This transcript has been automatically generated and may not be 100% accurate.

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