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It's official: Wisconsin Rep. Paul Ryan, one of the Republican Party's leading deficit hawks, will deliver the GOP response to President Obama's State of the Union address next week. Ryan has earned respect among Republicans for his plan to return the federal government to solvency with controversial measures like privatizing Social Security. Ryan is currently the chairman of the House Budget Committee. Meanwhile, fellow Republican Michele Bachmann will deliver an alternative rebuttal on behalf of the Tea Party Caucus.