Maintaining Republicans’ House majority was outgoing-Speaker Paul Ryan’s final mission, even before President Trump dumped responsibility for holding the majority on the Wisconsin Republican. The task was Herculean from the outset: Defy modern history by being the first House leader not to lose a significant number of seats in a midterm when an unpopular president of the same party is in his first term. Ryan’s decision to tell the world that he will retire seven months before Election Day was a tactical error, pundits said. A lame-duck speaker cannot keep his troops in line, and a retiring congressman cannot raise the huge sums of cash the GOP needs to keep the House, conventional wisdom held.
But despite what Trump will say if Democrats win control of the House (that Ryan’s lame-duck status is to blame), Ryan can take much credit for Republicans having a chance, albeit a slim one, of keeping their House majority. He has continued raising money hand over fist since his April 11 retirement announcement; he’s stumped incessantly for vulnerable incumbents and challengers across the country; and a super PAC closely affiliated with him, the Congressional Leadership Fund, has emerged as a game-changing force in this election cycle.
Log in to see the rest of this article and the discussion
Kiplinger Alerts is a subscription-based e-mail and online alert service that helps you make more profitable decisions for your business and investments. You get reliable intelligence and forecasts on more than a dozen factors that affect the economy and are critical to your business and financial success.