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AP Source: Romney Picks Ryan For Running Mate

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Reporter: ap

NORFOLK, Va. (AP) -- Republican presidential candidate Mitt Romney has picked Wisconsin congressman Paul Ryan to be his running mate.

A Republican with knowledge of the situation tells The Associated Press that Romney has chosen Ryan. The Republican spoke on condition of anonymity because this person was not authorized to disclose the decision.

Romney is expected to introduce Ryan during a rally Saturday morning in Norfolk, Va.

The man Republican presidential candidate Mitt Romney chose for his running mate gives the GOP ticket solid conservative credentials in a congressman who is a generation younger than the presidential nominee.

Wisconsin Rep. Paul Ryan is 42. Romney is 65.

A seven-term congressman, Ryan is chairman of the House Budget Committee and author of a tax and spending blueprint that makes big cuts and rewrites Medicare into a voucher-like program.

Ryan and other supporters say the change is needed to prevent the program from financial calamity. Critics argue it would impose every increasing costs on seniors.

One Republican, finance chairman Ron Weiser of Michigan, says Ryan's selection would help Romney win Wisconsin and its 10 electoral votes in the fall. The state typically supports democrats in presidential contests, and Obama won it handily four years ago.