Romney picks Rep. Ryan as running mate
Mitt Romney has tapped Wisconsin Rep. Paul Ryan to be his running mate, multiple sources with knowledge of the decision told Fox News.
Romney will make the selection official during a campaign stop Saturday morning in Norfolk, Va., before launching his "The Romney Plan For A Stronger Middle Class" bus tour. Romney is expected to speak at 8:45 a.m. ET.
The selection comes roughly two weeks before the start of the Republican National Convention in Tampa, and gives Romney plenty of space to rally the party behind his pick before the official nomination.
The announcement comes as some polls, including a recent Fox News survey, show the Republican presidential candidate losing some ground to President Obama.
Ryan, 42, already considered a rising star in the Republican Party, is chairman of the House Budget Committee. He's been in Congress since 1999 and is best known this session for his controversial budget plan that includes an overhaul of Medicare.
Democrats have persistently tried to vilify that plan as a scheme to "end Medicare as we know it."
But Ryan, a bookish but telegenic lawmaker, has stuck by his proposal as the solution to an ever-growing deficit inflamed by out-of-control entitlement spending.
Ryan has made fiscal discipline the touchstone of his tenure on the budget committee. With Ryan at his side, Romney can focus on jobs-creation proposals while his running mate focuses on plans for balancing the government's books.
Born and raised in the community of Janesville, Paul Ryan is a fifth-generation Wisconsin native. Currently serving his 7th term as a Member of Congress, Paul works to address the many important issues affecting Wisconsin residents and serve as an effective advocate for the 1st Congressional District.
He is the Chairman of the House Budget Committee, where he works to bring fiscal discipline and accountability to the federal government. He is a senior member of the House Ways and Means Committee, which has jurisdiction over tax policy, Social Security, health care and trade laws.
Paul has put forward a specific plan to tackle our looming fiscal crisis, driven by the explosion of entitlement spending. "The Path to Prosperity" helps spur job creation today, stops spending money the government doesn't have, and lifts the crushing burden of debt. This plan puts the budget on the path to balance and the economy on the path to prosperity.
Paul is a graduate of Joseph A. Craig High School in Janesville and earned a degree in economics and political science from Miami University in Ohio.
Paul and his wife Janna live in Janesville with their children, daughter Liza and sons Charlie and Sam. The youngest of four children, Paul is the son of Paul Sr. (deceased) and Betty Ryan. He is a member of St. John Vianney's Parish.