much higher than the polls >> andiveen tight -- even tighter for the democrats. right now too close to call. less than a point separating hillary clip ton and bernie sanders. and our coverage continues live with craig boswell. >> reporter: the voters of iowa have spoken. and already some candidates have dropped out. tonight was ted cruz's night. cbs news projects ted cruise will finish first in the iowa caucuses. the race between hillary clinton and bernie sanders is too close to call. >> i voted for hillary because i have five granddaughters. >> [ no audio ] >> reporter: turn out has been very high. reporting crowds double and triple what they expected. the gop says it saw record turn outs. caucus sites ran out of registration sites. some voter voters, changed third party affiliation. >> i don't hear a lot about my kid's future coming from the republican side so i switched to democratic tonight. >> reporter: martin o medical mal -- oh malley and mike huckabee suspended their campaigns. with now less than 1 point separating bernie sanders and clinton. it could ta