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AP: Romney Tabs Ryan As VP Running Mate; Introduction To Be Made Saturday

7-Term Wisconsin Congressman A Favorite Among Conservative Pundits
Matt Romney and Paul Ryan

Republican presidential candidate Mitt Romney (L) is introduced by Wisconsin Congressman Paul Ryan at an election-night rally on April 3, 2012 in Milwaukee, Wis. (Photo by Scott Olson/Getty Images)

NORFOLK, Va. (CBSNewYork/AP) — Republican presidential candidate Mitt Romney has picked Wisconsin congressman Paul Ryan to be his running mate, according to a Republican with knowledge of the development. The newly minted GOP ticket will appear together Saturday in Norfolk, Va., at the start of a four-state bus tour to introduce the GOP ticket to the nation.

The official spoke to The Associated Press on condition of anonymity because this person was not authorized to disclose the decision.

In a statement issued Friday night, Romney’s campaign would say only that the running mate would be revealed at 9 a.m. EDT at the Nauticus Museum. Berthed at the museum is the USS Wisconsin — which offered a hint about Romney’s choice.

The short list of candidates — if there was one — was believed to include Ryan, Ohio Rep. Rob Portman and former Minnesota Gov. Tim Pawlenty.

Speculation had focused in recent days on Ryan, the seven-term congressman. Conservative pundits had been urging Romney to choose Ryan in large part because of his authorship of a House-backed budget plan that seeks to curb overall entitlement spending and changes Medicaid into a voucher-like system to save costs.

Pawlenty was maintaining his Saturday schedule campaigning for Romney in New Hampshire, an official close to Pawlenty’s political team said. The person spoke on the condition of anonymity because the person was not authorized to speak ahead of the formal announcement.

The Wall Street Journal, in an editorial on Thursday, praised Ryan as a strong choice for Romney: “The case for Mr. Ryan is that he best exemplifies the nature and stakes of this election. More than any other politician, the House budget chairman has defined those stakes well as a generational choice about the role of government and whether America will once again become a growth economy or sink into interest-group dominated decline.”

Romney’s choice comes as he tries to repair an image damaged by negative Democratic advertising and shift the trajectory of a campaign that’s seen him lose ground to President Barack Obama.

The vice presidential selection will dominate headlines, and Romney’s team has been relentlessly teasing the announcement for weeks.

Romney’s bus tour was expected to include appearances with Portman, as well as two others talked about as possible contenders for running mate: Virginia Gov. Bob McDonnell and Florida Sen. Marco Rubio.

The tour starts Saturday and will take Romney through four must-win states in as many days: North Carolina, Virginia, Florida and Ohio. All are battlegrounds where Obama won in 2008. While Obama could afford to lose in one or more of them and still reach the 270 electoral votes needed for another term, Romney almost certainly needs all four to beat him.

(TM and Copyright 2012 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2012 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)