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Republican presidential candidate Mitt Romney announced today that House Budget Chairman Paul Ryan is his pick for Vice President. The Wisconsin Congressman will be introduced as the V.P. nominee as “The Romney Plan For A Stronger Middle Class” bus tour kicks off in Virginia. Romney is expected to speak at 8:45 a.m. in Norfolk, Va., with a retired military battleship as a backdrop … fittingly the U.S.S. Wisconsin. Two others high on Romney’s short list of VP contenders – former Minnesota governor Tim Pawlenty, Ohio Sen. Rob Portman and Florida Sen. Marco Rubio – were informed in recent days that they would not be on the ticket. Instead it will be Paul Ryan, 42, already considered a rising star in the Republican Party, is currently the chairman of the U.S. House Budget Committee. He’s been in Congress since 1999 and is best known this session for his controversial budget plan this term that includes an overhaul of Medicare. Democrats have persistently claimed his plan would “end Medicare as we know it,” but the GOP considers Ryan a leading voice on fiscal issues. Both well-versed and telegenic, Ryan has stood by his plan as a solution to an ever-growing deficit and out-of-control entitlement spending. Ryan has made fiscal discipline the touchstone of his tenure; with Ryan at his side, Romney is doubling down on his perceived economic strengths. The choice promises a fierce debate over the size and role of government in America, and Democrats are relishing the chance to take on that fight. Paul Ryan: Good choice by Romney?

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Paul Ryan to Run For Vice President With Mitt Romney; GOP Ticket to Campaign Saturday