Wisconsin congressman Paul Ryan has decided for a final time that he will not run for president in 2012, THE WEEKLY STANDARD has learned. Ryan, who began seriously considering a bid in late May after Indiana governor Mitch Daniels took himself out of the race, had consulted with top Republicans, including Karl Rove and Frank Luntz, as he contemplated his political future. And though many of those he talked with told him he would be a viable candidate in such a fluid race, even as a late entry, Ryan ultimately decided to continue his focus on debt and entitlement reform as chairman of the House Budget Committee.

“I sincerely appreciate the support from those eager to chart a brighter future for the next generation. While humbled by the encouragement, I have not changed my mind, and therefore I am not seeking our party’s nomination for President. I remain hopeful that our party will nominate a candidate committed to a pro-growth agenda of reform that restores the promise and prosperity of our exceptional nation. I remain grateful to those I serve in Southern Wisconsin for the unique opportunity to advance this effort in Congress.”

Ryan has said publicly he is concerned that those currently running for the GOP nomination are not addressing long-term fiscal and economic issues in a way that makes clear the magnitude of the challenges. He told Milwaukee talk radio host Charlie Sykes on August 12 that he was disappointed in the presidential debate in Iowa and thought the field needed a candidate who could articulate the need for limited government.

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