10 things you need to know today: August 11, 2012

Romney picks Paul Ryan as his running mate, Olympic closing ceremony details leak, and more in our roundup of the stories that are making news and driving opinion

Mitt Romney jokes with Rep Paul Ryan (R-Wis.) during a pancake brunch at Bluemound Gardens on April 1 in Milwaukee: On Saturday morning, Romney alerted supporters via an iPhone app that he ha
(Image credit: Justin Sullivan/Getty Images)

1. ROMNEY PICKS PAUL RYAN AS HIS RUNNING MATE

At 7 a.m. EST Mitt Romney's campaign alerted his supporters via an iPhone app that he has chosen Rep. Paul Ryan (R-Wis.) as his running mate. Romney will formally make the announcement at a press conference in Norfolk, Va., on Saturday. In a second message via the app, Romney's campaign called Romney and "America's comeback team." By choosing the seven-term congressman — "the intellectual heart of the movement within the Republican Party to slash deficits" — Romney has made a potentially "bold but risky move." Romney's choice signals "a desire to place the nation's looming fiscal challenges at the center of the campaign's final months." [Washington Post]

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