Fox News, the Associated Press has confirmed that Paul Ryan has been picked as Mitt Romney's running mate against Barack Obama in the 2012 United States Presidential Election this November. Mitt Romney will officially make the announcement later this morning in Virginia.
Paul Ryan has been a Tea Party fiscal hero in recent years because, as the House Budget Chairman, he has openly stood up for drastic economic and fiscal reforms aimed at cutting back government spending and balancing the budget.
Paul Ryan was a guest speaker at the 2012 Texas Republican Party State Convention. Paul Ryan also endorsed Ted Cruz for U.S. Senate in a very heated 2012 Texas GOP Primary Runoff. Ted Cruz won against a well funded, and well known, LT Governor David Dewhurst. This Ted Cruz win sent ripples across America because it showed that the Tea Party can still be a force to reckon with and has not fizzled out.
Mitt Romney likely chose Paul Ryan to secure the backing of the conservative tea party side of the Republican Party. Some conservatives, although they want to see Obama defeated and will support Romney over Obama, have not gotten excited about a moderate Mitt Romney being the Republican nominee. By picking tea party conservative Paul Ryan, Romney likely wishes get the conservative tea party members excited and energized about the upcoming election.