Some great news for Team Obama heading into the homestretch of this election. PPP has President Obama leading by a solid amount in both Wisconsin and Iowa. Obama currently leads in Iowa 50-45 and 51-46 in Wisconsin.
Link to data here.
The President leads with Independents by 7 points in both states, and has a slight edge on favorability (52-46 fav in WI, 50-46 fav in IA), whereas Gov. Romney has net negatives on favorability in both states (47-49 fav in WI, 46-51 fav in IA).
Iowa has been a lot closer this election than in 2008, but it always has been rated as a fairly solid Obama state. 538 currently has Iowa as a 76% chance of victory for the President. Additionally, the poll found that among early voters, Obama is up 64-35. According to the cross tabs, 42% of those surveyed have already voted in Iowa, so if Obama is up by that far a margin I fail to see how Romney can make that up. Romney voters would have to turn up 6:4 on Election day, and that's assuming the spread stays the same and doesn't even increase more.
Wisconsin has also trended much tighter now than in 2012, and the Romney campaign has made The Badger State a big target, both with advertising and by adding Paul Ryan to the ticket. But Obama has maintained his small lead in the state, and these polls are actually a few points higher than others in the field.
If the President ends up losing these states, it's over, but I very seriously doubt that will happen. If anything, I think this result, especially in WI, could provide some nice coattails for Tammy Baldwin's Senatorial campaign.
Overall, some great news.