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Mitt Romney set to announce running mate

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Marco Rubio? Paul Ryan? Chris Christie? Tim Pawlenty? Rob Portman? A wildcard?

Republican presidential contender Mitt Romney is finally set to announce his running mate in an event in Virginia 8 a.m. Saturday. The move comes just as Romney is getting hit hard in the polls, with gaps of 7- to 9-percent behind Barack Obama in various national tallies.

The Wall Street Journal, in an editorial on Thursday, praised Wisconsin Rep. Ryan as a strong choice for Romney: "The case for Mr. Ryan is that he best exemplifies the nature and stakes of this election. More than any other politician, the House budget chairman has defined those stakes well as a generational choice about the role of government and whether America will once again become a growth economy or sink into interest-group dominated decline."

Romney had said he would make the announcement following the Olympics, which wrap up later in the day.

Sun-Times Washington Bureau Chief Lynn Sweet will be reporting live as the event unfolds.

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