Mitt Romney's VP Finalists

GOP presidential candidate closes in on a decision about his running mate.
3:00 | 08/01/12

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Transcript for Mitt Romney's VP Finalists
STEVE OSUNSAMI, ABC NEWS, ATLANTA. THE PRESIDENTIAL RACE AND THE SPORT OF POLITICS. WE ARE WATCHING THE MEDAL ROUND IN THE VICE PRESIDENTIAL VEEPSTAKES. NEWS TONIGHT ABOUT MITT ROMNEY CLOSING IN ON HIS RUNNING MATE. Reporter: WITH MITT ROMNEY NOW BACK FROM HIS FOREIGN TRIP, ABC NEWS HAS LEARNED AT LEAST TWO OF HIS POTENTIAL RUNNING MATES HAVE BEEN TOLD TO BE READY FOR AN ANNOUNCEMENT THAT COULD COME ANY DAY. IT'S THE VEEPSTAKES OLYMPICS. UNLIKE THE ONE IN LONDON, THIS HAS JUST ONE JUDGE -- AND ULTIMATELY ONE WINNER. WHO WILL MAKE IT TO THE PODIUM? HERE ARE YOUR FINALISTS. THERE'S ROB PORTMAN -- MR. EXPERIENCE. SENATOR, FORMER HOUSE MEMBER. HE'S TWICE SERVED IN A PRESIDENTIAL CABINET. AND HE'S FROM OHIO, THE STATE THAT COULD DECIDE IT ALL. TIM PAWLENTY, SON OF A TRUCK DRIVER. POPULAR GOVERNOR OF MINNESOTA. HE'S ALREADY APPEARED IN A ROMNEY AD. MAKING A LATE SURGE, PAUL RYAN, 42, THE MAN WITH THE PLAN, CALLED THE PATH TO PROSPERITY TO SLASH GOVERNMENT SPENDING AND CHANGE MEDICARE, GIVING SENIORS THE OPTION TO BUY PRIVATE INSURANCE INSTEAD. RYAN IS RISKY, A LIGHTNING ROD. DEMOCRATS WILL CALL HIM THE MAN WHO WOULD DESTROY MEDICARE. THAT'S THE SHORT LIST. BUT AS DICK CHENEY, WHO RAN TWO VICE PRESIDENTIAL SEARCHES, TOLD US, THERE'S ALSO A LONG LIST. I HAD A COUPLE OF CALLS FROM PROMINENT POLITICIANS WHO'D SAY, YOU KNOW, IT REALLY HELPED ME IN MY RACE BACK HOME, DICK, IF I WAS ON THE LIST. DONE. YOU'RE ON THE LIST. "BUT THAT WAS THE BIG LIST. IT WAS EASY TO GET ON THE BIG LIST. THE TOUGH PART IS THE SMALL LIST." Reporter: THE BIG LIST HAS LOTS OF NAMES. RUBIO, RICE, CHRISTIE, JINDAL. THE QUESTION IS COULD WE HAVE AN UPSET? A SURPRISE AT THE PODIUM? ONLY ONE GUY KNOWS FOR SURE. YOU MAY REMEMBER BARACK OBAMA ANNOUNCED HIS RUNNING MATE WITH A TEXT MESSAGE. BUT THAT'S SO FOUR YEARS AGO, ROMNEY'S CAMPAIGN INSICHTS YOU WILL ONLY FIND OUT ABOUT IT THROUGH THE iPAD APP UPON RIGHT NOW THE ONLY BUTTON THAT SEEMS TO MATTER TO THE CAMPAIGN IS THE ONE THAT SAYS DONATE. FUND RAISING TOOLS AS WELL. RIGHT, THANKS SO MUCH, JOHN.

This transcript has been automatically generated and may not be 100% accurate.

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