Thursday, July 24, 2008

Money & Business

Capital Commerce

A New Name in the McCain Veepstakes

February 15, 2008 11:01 AM ET | James Pethokoukis | Permanent Link

Here's a new name you can add to the list of possible John McCain running mates, a Republican source tells me: Rep. Paul Ryan of Wisconsin, a member of the Ways and Means Committee. Although he's only 38, Ryan was elected to Congress back in 1998. So he has more national political experience than Barack Obama. What's more, he's a rock-solid, supply-side conservative who recently coauthored a bill that would create a simplified tax system. Under the plan, there would be two rates, 10 and 25 percent, a huge standard deduction of $25,000 for married filers (half that for singles), and a $3,500 personal exemption. It would eliminate all other deductions and credits that litter the current tax code. The dividend and capital-gains-tax rates would be made permanent at the current 15 percent. Other Ryan pluses: 1) he's from a swing state; 2) he's a family guy (three kids) who could help McCain appeal to suburbanites wanting to hear about more than just the war on terrorism; 3) he's a sharp-looking fellow.

Tags: presidential election 2008 | running mates | John McCain

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McCain Veepstakes- Paul Ryan is a winner

Ryan is my Representative here in Wisconsin and believe me, he is the real deal--Regan reborn! He's rock solid on fiscal policy, not afraid to buck the popular for his core beliefs and very socially conservative as well. He's young, looks good on TV and is extremely smart. It may be one or two elections too early for Ryan, but watch out for him if he does get the nod.

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About the Capital Commerce Blog

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James Pethokoukis is the money and politics blogger for U.S. News & World Report , where he writes the monthly Capital Commerce magazine column. Pethokoukis is also the assistant managing editor of the magazine's Money & Business section. He has written for many publications including the New York Times, the American, USA Today, Investor's Business Daily, and TCS Daily. Pethokoukis is also an official CNBC contributor and appears frequently on that network's Kudlow & Company, Power Lunch, and The Call shows. In addition, he has appeared numerous times on MSNBC, Fox News Channel, Fox Business Network, CNN, and Nightly Business Report on PBS. A 1989 graduate of Northwestern University where he double majored in Soviet politics and American history and a 1991 graduate of the Medill School of Journalism, Pethokoukis is a 2002 Jeopardy! champion.

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