Paul Ryan not running for president

Updated
Rep. Paul Ryan (file)
Rep. Paul Ryan (file)
Kevin Lamarque/Reuters

One rising star in the Republican Party will not be running for president, at least this go around.

“While humbled by the encouragement, I have not changed my mind,” Rep. Paul Ryan said today in a statement.

The Wisconsin congressman added, “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.”

His plan to end Medicare as we know it, propelled him into the spotlight among fellow conservatives. Dick Cheney even said he worshiped the guy. Democrats and economists widely panned his budget proposal.

Rumors of a 2012 run circulated around both Ryan and New Jersey Governor Chris Christie.

Paul Ryan and Budget

Paul Ryan not running for president

Updated