GO
Loading...

Paul Ryan: I'd love to see Mitt Romney run again

House Budget Chairman Paul Ryan told CNBC on Wednesday he'd "love to see" his former Republican running-mate Mitt Romney make another presidential bid. The two plan to meet Thursday about Republican strategy.

"I hope he does. [But] he's pretty emphatic in saying he won't," Ryan said in a "Squawk Box" interview. "[Romney] obviously does well in the polls today. I think that's because [of] the things we said in the campaign."

During the 2012 campaign, the former Massachusetts governor and Ryan warned about Obamacare and the Dodd-Frank Wall Street Reform law. Ryan said those warnings turned out to be prophetic. "The results look nothing like the rhetoric," the Wisconsin Republican said.

Ryan himself is considered a possible contender for the 2016 Republican nomination for the White House. "I'm going to make that decision in 2015," he said, adding he's focused on trying to get big GOP gains the midterm election in November. "I want us to get the Senate ... and improve our majority in the House."

On the Democratic side, he said he believes Hillary Clinton is "one foot into this race already."

Appearing on CNBC a day after the release of his new book, Ryan said: "Our country is primed and due for a great comeback. And if we make the right decisions, the right policies that comeback can be structured."

In "The Way Forward," he writes about his brand of conservatism and analyzes the state of the GOP as the tea party looks to move Republicans further right.

Read MoreRep Ryan: Amazon's book power play with my publisher

"We should be an inclusive party that brings in different points of view, and not purge anyone's particular point of view," Ryan said. "If you believe in the tallest pole in our big tent party on economic liberty, free enterprise, self-determination, upward mobility, then we want you in our party."

The book outlines why he thinks President Barack Obama is taking the nation in the wrong direction. Ryan said he tried to show what he sees as better solutions on a range of issues including immigration and health-care.

"Immigration is a good thing for America. It is necessary for our economy. It is what our country was built on," Ryan told CNBC. "We just got to make sure it's legal and it's working well. And we have the rule of law ... [and] control of our borders."

On health care, he said Republicans should continue to run on getting rid of Obamacare. "We should repeal Obamacare. It's a terrible law. And it's going to implode under it's own weight."

"Americans are [not] going to sit contently with the notion of price controls," he continued, "and the federal government telling them how to run their health care."

Ryan said he'd have more details in September on how he would "replace this system" of Obamacare.

The meeting this week with Romney is in Chicago.

Introducing Morning Squawk: CNBC's before the bell news roundup

Sign up to receive Morning Squawk in your inbox each weekday › Sample

—By CNBC's Matthew J. Belvedere

Contact Elections

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More