NORFOLK, VA - Republican presidential candidate Mitt Romney introduced Rep. Paul Ryan of Wisconsin as his vice presidential running mate on Saturday, turning to the architect of a deeply conservative and intensely controversial long-term budget plan to remake Medicare and cut trillions in federal spending.
In the campaign to come, Republicans will present economic solutions "that are bold, specific and achievable," Romney said as he presented his political partner. "We offer our commitment to create 12 million new jobs and bring better take home pay to middle class families."
The two men basked in the cheers of supporters in their made-for-television debut on a ticket hoping to make President Barack Obama's first term his last. "I did not make a mistake with this guy," Romney exulted.
"I am deeply excited and honored to join you as your running mate," Ryan said in his first words at the podium." He said that together, Republicans would eliminate the country's "debt, doubt and despair."
He said that "Regrettably, President Obama has become part of the problem, and Mitt Romney is the solution" to an economy that has yet to make a strong recovery from the worst recession in decades.
The ticket made its debut at a naval museum in Norfolk, Va., the initial stop of a bus tour through four battleground states in as many days. The USS Wisconsin, berthed at the museum, was their bunting-draped backdrop, a symbol of the nation's military strength as well as an obvious reference to Ryan's home state.
First Romney, then Ryan, a generation younger than his patron, jogged down the ship's gangplank to the cheers of hundreds and the stirring soundtrack from the movie "Air Force One."
As his family came on stage, Ryan knelt to embrace his daughter and two sons before kissing his wife.
While word of Ryan's selection leaked late Friday night and was posted by the campaign to its phone app before the speeches, Obama's campaign withheld its reaction until the Republicans had spoken.
"The architect of the radical Republican House budget, Ryan, like Romney, proposed an additional $250,000 tax cut for millionaires, and deep cuts in education from Head Start to college aid," Jim Messina, the president's campaign manager, said in a written statement.
"His plan would also end Medicare as we know it by turning it into a voucher system, shifting thousands of dollars in health care costs to seniors," he said.
Ryan's selection -- as well as Romney's own nomination -- will be ratified by delegates to the Republican National Convention that begins on Aug. 27 in Tampa, Fla.
Obama and Vice President Joseph Biden will be nominated for a second term at the Democratic convention the following week.
One campaign official said Romney settled on Ryan on Aug. 1, more than a week ago, and informed Beth Myers, the longtime aide who had shepherded the secretive process that led to the selection. The official spoke on condition of anonymity to provide details.
It was not known when Romney informed Ryan he wanted him on the ticket.
In making his pick, Romney bypassed other potential running mates, including Ohio Sen. Rob Portman, Florida Sen. Marco Rubio, former Minnesota Gov. Tim Pawlenty and Virginia Gov. Bob McDonnell.
Officials said he had called all four to notify them of his decision.
There was one unscripted moment, when Romney mistakenly introduced Ryan as the next president. He returned to the podium to say, "Every now and then I'm known to make a mistake. I didn't make a mistake with this guy. But I can tell you this, he is going to be the next vice president of the United States."
At 42, Ryan is a more than two decades younger than the 65-year-old Romney.
His conservative credentials are highly regarded by fellow Republican House members, while numerous polls during the primaries of winter and spring found that Romney's credentials were suspect among the party's core supporters.
A seven-term congressman, Ryan is chairman of the House Budget Committee, and primary author of conservative tax and spending blueprints that the tea party-infused Republican majority approved over vociferous Democratic opposition in 2011 and again in 2012.
They envision transforming Medicare into a program in which future seniors would receive government checks that they could use to purchase health insurance. Under the current program, the government directly pays doctors, hospitals and other health care providers.
Ryan and other supporters say the change is needed to prevent the program from financial calamity. Critics argue it would impose ever-increasing costs on seniors.
Other elements of the budget plan would cut projected spending for Medicaid, which provides health care for the poor, as well as food stamps, student loans and other social programs that Obama and Democrats have pledged to defend.
In all, it projected spending cuts of $5.3 trillion over a decade, and cut future projected deficits substantially.
It also envisions a far reaching overhaul of the tax