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gingrich is now 15 points ahead of romney in a new gallup poll and mr. paul steinhauser joins us right now from washington. hello, paul. how does romney plan to handle what is shaping up to be a two-man race at this point? >> it really is shaping up. that was the national poll, don. take a look at this, state poll. iowa. two new polls in iowa. one of them, cbs/"new york times." you adjust showed the national poll. newt gingrich ahead by double digits. the frontrunner, we're less than four weeks away from the iowa caucuses. what is mitt romney doing about all this? romney was speaking...

>> reporter: blood, sweat, and tears was the headliner as they set out to create a hipper version of guy lombardo's party on cbs. ♪ >> reporter: while saturday night you'll get pit bull who had a number one record this year. ♪ >> reporter: a little justin bieber, carlos santana. ♪ maria >> reporter: at midnight, lady gaga. ♪ i was born this way >> reporter: stunning to think about how much has changed over 40 years of countdowns and party favors. >> i remember as a kid standing in my living room and i was allowed to stay up and watch dick clark with the headset and microphone and big a...