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Paul Ryan loses vice-presidential bid but keeps his House seat 06 Nov 2012 Paul Ryan came up short in his vice presidential bid, but his backup plan worked. The Wisconsin congressman easily won re-election Tuesday night to the U.S. House seat he has held since 1998. He also won his previous congressional elections by comfortable margins. Even before he was tapped as Mitt Romney's No. 2, Ryan was seen as a rising star within the Republican Party. As chairman of the powerful House Budget Committee, he gained prominence when he drew up an austere budget blueprint that would reshape Medicare for many people into a voucher-like program. He also attracted attention for wanting to keep tax breaks in place that were set to expire for the wealthy.