Meredith Kelly, the DCCC spokesperson, says the Speaker retired only after he pushed through a tax overhaul, which has been high on Ryan's agenda for the majority of his nearly two decade-long career. The bill, which Kelly claims "prioritized the very richest and the biggest corporations," was signed into law last year. Earlier this week, the CBO stated the bill could contribute to an increase in the deficit to about $1.85 trillion over the next year 10 years. For full interview, [click here](https://cheddar.com/videos/paul-ryans-retirement-shakes-up-the-midterms).

Share:
More In Politics
US businesses that rely on Chinese imports express relief and anxiety
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Load More