Mitch Daniels endorses Mitt Romney

Gov Mitch Daniels, R-Ind.
AP Photo/Jose Luis Magana
Mitch Daniels
AP Photo/Jose Luis Magana

(CBS News) Indiana Gov. Mitch Daniels, popular among both his constituents and the Republican establishment, officially threw his support behind Mitt Romney's presidential campaign Wednesday morning. However, he dismissed speculation he could join Romney on the 2012 ticket.

Daniels has been hailed within his party as a serious fiscal conservative, and Romney today boasted in a statement that "Daniels shares my background in business, and he has used the principles of the private sector in government."

"Indiana has been served well by his leadership based on fiscal discipline, smaller government, and a friendly environment for job creators," Romney said.

Daniels said in a statement that Romney has "earned" the GOP nomination and "now deserves the support of every American still committed to government that serves the people rather than rules over them."

He added, "I'll do whatever I'm asked to help him."

When asked on Fox News Wednesday morning whether that could mean serving as Romney's vice presidential pick, Daniels said, "It won't happen, so we won't take the audience's time with it."