Rep. Paul Ryan’s consolation prize after losing his vice-presidential bid is that he gets to head back to the relatively small pond of the House GOP caucus as one very big fish.
He’s keeping his chairmanship of the House Budget Committee — a nice platform on which he can await his next move, although he’s going to have to get a waiver from his fellow Republicans to do that, since he’s bumping up against term limits.
And granting him that waiver might cause a few headaches for the party, says none other than former House Speaker Newt Gingrich, the very guy who instituted the term limits on GOP committee chairmen back in 1995. “If he gets a waiver, who else will get a waiver?” he mused to our colleague Karen Tumulty.
Will Rep. John Mica, who wields the gavel at the Transportation and Infrastructure Committee? Like Ryan, he’s term limited at the end of this Congress, and it looks like he’s petitioning to hang onto it.
“They’ll have to work that out,” Gingrich says.