Paul Ryan sets out vision for US economy at Republican convention

At the Republican Party convention in Florida, Mitt Romney's election running mate, Paul Ryan, has set out their vision for reviving the US economy.

Mr Ryan said a Romney administration would hope to create 12m jobs in four years and hold down public spending.

In one of the biggest applause lines of the night, Mr Ryan said: "College graduates should not have to live out their 20s in their childhood bedrooms, staring up at fading Obama posters and wondering when they can move out and get going with life."