Skip to main content

Sign up for our newsletter.

Quality journalism. Progressive values. Direct to your inbox.

Corporate gatekeepers and big tech monopolists are making it more difficult than ever for independent media to survive. Please chip in today.

Speaker of the House of Representatives Paul Ryan, Republican of Wisconsin, holds up a pint of Guinness as he proposes a toast during the Friends of Ireland luncheon at the United States Capitol March 15, 2018 in Washington, D.C. (Photo: Alex Edelman-Pool/Getty Images)

With 'Longtime Dream' of Tax Cuts for Billionaires Fulfilled, Paul Ryan Won't Seek Reelection

"Friends say that after Ryan passed tax reform, he was ready to step out of a job that has become endlessly frustrating, in part because of President Trump."

Jake Johnson

Having successfully rammed through tax legislation that massively rewards America's billionaires—including his long-time patrons Charles and David Koch—and sets the stage for his ultimate goal of obliterating the safety net, House Speaker Paul Ryan (R-Wis.) is reportedly set to tell his staff on Wednesday that he will not run for reelection in 2018.

First reported by Jonathan Swan of Axios and confirmed by numerous other outlets, the news comes after rumors had been swirling for months about Ryan's possible retirement from Congress. It also comes as a popular progressive candidate—Randy Bryce, aka "The Iron Stache"—is quickly gaining steam, outraising the corporate-funded Ryan by nearly $2 million in the first three months of 2018.

"House Republicans were already in very tough spot for midterms, with many endangered members and the good chance that Democrats will win the majority," Swan noted in his report on Wednesday. "Friends say that after Ryan passed tax reform, his longtime dream, he was ready to step out of a job that has become endlessly frustrating, in part because of President Trump."

In his last tweet before reports emerged that he is retiring from Congress, Ryan celebrated President Donald Trump's executive order on Wednesday that calls for more punitive work requirements for recipients of Medicaid, food stamps, and public housing assistance—an plan Republicans have celebrated as "Welfare Reform 2.0."

Reacting to the new reports on Wednesday, The Nation's John Nichols argued that Ryan's retirement "would be a devastating blow for congressional Republicans."

"Ryan would not merely be giving up on his own profound ambitions, he would be giving up on the notion that the party he’s devoted his career to remains functional," Nichols concluded.


Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.

We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.

Wall Street-Funded Democrat PAC to Spend $1 Million in Bid to Unseat Tlaib: Report

"Imagine spending $1 million to oust Rashida Tlaib instead of organizing in Detroit to make sure Michigan goes blue," quipped one progressive group.

Brett Wilkins ·


Parents Demand Fossil Fuel Non-Proliferation Treaty 'For the Sake of the Children'

"We cannot remain silent as the fossil fuel industry and world leaders rob our children of a livable future," parents from 32 nations wrote in an open letter.

Brett Wilkins ·


'We Can Do Better' Than Biden's Paltry Student Debt Relief Plan, Says AOC

The president's approach, said the New York Democrat, is "just enough to anger the people against it *and* the people who need forgiveness the most."

Julia Conley ·


Right-Wing Supreme Court Poised to Make US Gun Carnage Even Worse

The U.S. Supreme Court's right-wing majority could soon "obliterate even the mildest of gun regulations in service of its gun lobby masters."

Kenny Stancil ·


'Enough Is Enough!': Thousands Protest Outside NRA Convention in Texas

"I'm just tired of the NRA subordinating children's rights for gun rights," said one gun lobby opponent just three days after the school massacre in Uvalde.

Brett Wilkins ·

Common Dreams Logo