By selecting House Budget Chairman Paul Ryan (Wis.), Mitt Romney made the least risky, risky pick he could have made to be his partner on the national ticket.
The former Massachusetts governor promoted the most well-respected fiscal mind among Capitol Hill Republicans - and the author of one of the most controversial budget proposals in recent history.
In his remarks in Norfolk, Va., this morning, Romney portrayed Ryan as a thoughtful wonk not afraid to make tough decisions.
"In a city that's far too often characterized by pettiness and personal attacks, Paul Ryan is the exception. He doesn't demonize his opponents," Romney said in front of the USS Wisconsin. "There are people in the other party who might disagree with Paul Ryan. I don't know anyone who doesn't respect his character and judgment."
Conservatives, including Ryan's House colleagues, hailed his addition to the ticket - a symbolic choice of two economic experts who might be able to correct the country's financial woes. But Congressional Democrats salivated at the selection of Ryan, who has become their political bogeymen this cycle with his proposed changes to entitlement programs.
You could almost hear the delight from Chicago, too.
"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," Obama campaign manager Jim Messina said, adding the popular Democratic refrain that the Ryan plan "would end Medicare as we know it."
House Republicans approved the Ryan budget twice in the past two years. But the legislation proved to be a nonstarter with Senate Democrats - except as kindling on the campaign trail. The plan would transition Medicare into a voucher-like system by 2022, repeal Obama's signature health care law and slash all other discretionary spending to 12 percent of the gross domestic product in 2010, then 6 percent in 2022 and 3 percent by 2050.
But Ryan didn't say much about his budget proposal specifics in his first moments on the national ticket. He praised Romney for his leadership in the 2002 Olympics, as governor of Massachusetts and at Bain Capital.
The Wisconsin wunderkind also leveled his first critique at the president on the ticket.
"President Obama, and too many like him in Washington, have refused to make difficult decisions because they are more worried about their next election than they are about the next generation," Ryan said. "We might have been able to get away with that before, but not now. We're in a different, and dangerous, moment. We're running out of time - and we can't afford four more years of this."
A clean-cut 42-year-old, Ryan marks the first time a sitting House Member has been selected for the national ticket in nearly 30 years. Rep. Jason Chaffetz (Utah) started texting fellow House Republicans about the pick late last night.
Sen. Kirsten Gillibrand, D-N.Y., speaks with reporters following a vote in the Senate. Gillibrand’s proposal to remove military commanders from the process of reviewing sexual-assault cases was left out of the bicameral deal on the defense authorization bill, but the senator is pushing for a vote on her plan soon.
Each year since 1990, CQ Roll Call has reviewed the financial disclosures of all 541 senators, representatives and delegates to determine the 50 richest members of Congress. This year's report, derived from forms covering the calendar year 2012, shows it took a net worth of $6.67 million to crack the exclusive club.