Rep. Paul RyanPaul Davis RyanLaura Ingraham: George Will is ‘sad and petty’ for urging votes against GOP Seth Rogen: I told Paul Ryan I hate his policies in front of his kids George Will: Vote against GOP in midterms MORE (R-Wis.) stressed that he won't run for president in 2012, but left open the door to being a vice presidential candidate.

Ryan, one of the top House GOP lawmakers who serves as the ranking member of the Budget Committee, said he would not run for president this next cycle.

"There’s no way I am running for president in 2012," the Wisconsin Republican told the New York Times Magazine in a Q&A feature. "My head is not that big, and my kids are too small."

Still, Ryan is seen as one of the rising stars of the GOP with ambitions to move beyond his Budget post. During a brief period after the 2008 elections, Ryan considered a run for House leadership, including a potential challenge to Minority Leader John BoehnerJohn Andrew BoehnerFormer top Treasury official to head private equity group GOP strategist Steve Schmidt denounces party, will vote for Democrats Zeal, this time from the center MORE (R-Ohio).

To that end, the 40-year-old congressman was far less Shermaneque about the prospects of serving as a the GOP's vice presidential nominee in 2012.

"I’d cross that bridge if we ever come to it," Ryan said when asked if he would hypothetically fill out the ticket if former Alaska Gov. Sarah Palin (R) were to win the Republican presidential nomination.