It's Paul Ryan: Romney picks Wis. Rep. for No. 2

NORFOLK, Va. — Republican Mitt Romney anointed Wisconsin Rep. Paul Ryan, an ardent conservative and devoted budget cutter, as his vice presidential running mate on Saturday, and the two men immediately embarked on a tour of campaign battleground states vowing to defeat President Barack Obama and repair the long-ailing U.S. economy.

By: KASIE HUNT, The Associated Press