Rep. Ryan Hopes for Bipartisan 2012 Deals

House Budget Committee Chairman Paul Ryan says he hopes Congress can forge a bipartisan agreement on tax and Social Security reform this year, Politico reports.

When asked Sunday on NBC's “Meet the Press,” if tax reform might be more politically acceptable than entitlement reform, Ryan replied, "I don't know," but added he had “some hope” on restructuring the tax system, adding that, "Social Security is hopefully an area where we might have a shot at a bipartisan agreement this summer."

Ryan also defended his budget blueprint, noting that the Congressional Budget Office predicts Medicare will go bankrupt in nine years.