Ryan says he has done what he wanted to do in D.C. and that he is exhausted of being a "weekend" dad to his three teenagers who live with his wife in Janesville, Wisconsin.
His reasons for leaving could be accepted at face value, while noting that many political experts believes that the actual reason he is leaving is because Democrats are expected to dominate congressional midterm elections in November. He said fellow Republicans have plenty of achievements to run on this fall, including the tax cuts Congress delivered, which have been his personal cause and the centerpiece of his small-government agenda, even though they helped skyrocket projected annual deficits toward $1 trillion. "I just can't let that happen", he said at the time. "We're going to have a great record to run on".
Ryan's plans have been the source of much speculation and will set off a scramble among his lieutenants to take the helm.
"He will serve out his full term, run through the tape, and then retire in January". His tone was sombre, and he read directly from prepared remarks.
"If they want to go down this path, which won't be successful ... we wouldn't be able to pass an appropriations bill" for the fiscal year beginning on October 1, he said.
The speaker called extended family and a few close friends Tuesday night and alerted a few staff. GOP presidential nominee Mitt Romney won the district by 5 points in 2012, when Ryan was on the ballot as the vice presidential nominee.
Ryan, from Janesville, Wisconsin, was first elected to Congress in 1998.
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"It injects some more uncertainty to be sure", said the No. 2 Senate Republican, John Cornyn of Texas.
Ryan dismissed concerns that his retirement may affect Republican efforts to keep its majority in the House.
Ryan's seat is among nearly 100 more Republican-held districts that have gained new attention since Democrat Conor Lamb won a special House election in western Pennsylvania last month, in a district Trump won by nearly 20 points.
House Majority Leader Kevin McCarthy (R-CA) makes a statement before President Donald Trump signs H.R. 1865, the "Allow States and Victims to Fight Online Sex Trafficking Act of 2017" at The White House in Washington, DC, March 11, 2018.
But it appears the 48-year old Ryan, who was effectively drafted to be speaker following the announcement that Republican John A. Boehner of OH would be stepping aside, will last a little less than three years in the job that he assumed October 29, 2015. And it threw the House into a leadership battle that could end up pushing Ryan aside sooner than he intended and crush any hopes for significant legislation before the election. But we're Wisconsinites. You know, we thought about that.
In Wisconsin, the most likely Republican candidate is state Assembly Speaker Robin Vos, multiple Republicans in the state said. Steil did not immediately return an email seeking comment. He had almost $2.3 million in the bank at the end of the first quarter. The only declared Republican was Paul Nehlen, who was banned from Twitter for a series of posts criticized as racist or anti-Semitic. Work requirements are now a mainstay of conservative health policy.
"It's like Eisenhower resigning right before D-Day", Tom Davis, a former Republican congressman from Virginia who once headed the House GOP's campaign committee, told the Associated Press.