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Source: Ryan Won’t Seek Re-Election

By John Forester | April 11, 2018

From WisPolitics.com …

House Speaker Paul Ryan will not seek re-election this fall, according to a source with knowledge of his decision.

A campaign spokesman did not immediately return a call from WisPolitics.com.

Axios, which was first broke the news, reported Ryan friends said he was ready to step away from the job after passing an overhaul of the tax code. Also, friends said the Janesville Republican was contemplating losing the majority or holding just a slim majority after the November elections and decided there was no good time to leave.

Similar reports from other news organizations followed.

As rumors have floated that Ryan would not seek re-election, Wisconsin insiders have said the prospect of him stepping away from a re-election run would be a blow to the GOP caucus.

One, it would send a message about Republican chances at the polls in November. Two, it would put the party in a financial hole to hold onto his House seat. Ryan’s political operation reported on Monday he finished March with more than $10.5 million in the bank for his own re-election bid.

Dem challenger Randy Bryce, meanwhile, reported raising $2.1 million during the first quarter and finished the period with nearly $2.3 million cash on hand. Bryce, who faces Cathy Myers for the Dem nomination, has already raised $4.75 million, a big number for a first-time House candidate from Wisconsin.

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