GOP 2012 Budget to Make $4 Trillion-Plus in Cuts Over Next Decade

WASHINGTON (AP) — The House Republican chairman who's writing a 2012 budget says the GOP will propose cutting more than $4 trillion over the next decade.

The head of the House Budget Committee, Rep. Paul Ryan, says President Barack Obama is "punting on the budget and not doing a thing to prevent a debt crisis."

Ryan tells "Fox News Sunday" that GOP budget-writers are looking at cutting $4 trillion-plus in spending over the next decade. That's more than even what the president's deficit commission recommended.

Ryan is talking about spending caps and long-term belt-tightening for the Medicare and Medicaid health programs. He wants older people who are wealthy to pay more out of pocket for their health care.

The GOP plan for the budget year that begins Oct. 1 is coming out Tuesday.