The bell for Round Two of the fight between President Obama and Rep. Paul Ryan (R-Wis.) is about to ring.

Ryan, chairman of the House Budget Committee, was bloodied in the first round after his proposal to revamp Medicare became a campaign poster for Democrats.

Obama, who skirted major proposals to reform Medicare and Social Security in his own budget last year, invited Ryan to a speech and then ripped him from the stage, saying the proposal would “end Medicare as we know it.”

Ryan’s plan soon became a campaign theme that Democrats credited with handing them a special election victory in upstate New York.