Republican Presidential Candidate Mitt Romney Announces His Vice Presidential Pick

NORFOLK, VA – AUGUST 11: Republican presidential candidate, former Massachusetts Gov. Mitt Romney (R) and U.S. Rep. Paul Ryan (R-WI) wave as Ryan is announced as his vice presidential running mate aboard the USS Wisconsin August 11, 2012 in Norfolk, Virginia. Ryan, a seven term congressman, is Chairman of the House Budget Committee and provides a strong contrast to the Obama administration on fiscal policy. (Photo by Justin Sullivan/Getty Images)