The seven-term lawmaker is favored to win his House seat. Ryan easily won reelection the past few cycles, despite the district going for President Obama in the 2008 presidential race. The 1st congressional district became slightly more GOP leaning under the redistricting process, however.

If Ryan returns to the House, he may not have the chairmanship of the House Budget Committee waiting for him. Under GOP rules, which established term limits for the top committee spots, Ryan’s tenure is up at the end of this year. A waiver is an option but would likely trigger a free-for-all in the GOP conference, with other Republicans who face term limits demanding similar consideration.