House Budget Committee Chairman Paul RyanPaul RyanEx-Trump adviser: Ryan should be replaced if he can't execute on ObamaCare If Democrats want to take back the White House start now GOP grapples with how to handle town halls MORE (R-Wis.) will deliver the GOP's response to President Obama's State of the Union address on Tuesday.

In a statement Friday, House Speaker John BoehnerJohn BoehnerHouse markup of ObamaCare repeal bill up in the air Conservatives to Congress: Get moving Boehner: ObamaCare repeal and replace 'not going to happen' MORE (R-Ohio) called Ryan "uniquely qualified to address the state of our economy and the fiscal challenges that face our country." Ryan will deliver the speech on Jan. 25 from the House Budget Committee hearing room immediately following the State of the Union.

Ryan is known as a rising star in the Republican Party: He is one of three "Young Guns" in the House GOP conference along with Majority Leader Eric CantorEric CantorGOP shifting on immigration Breitbart’s influence grows inside White House Ryan reelected Speaker in near-unanimous GOP vote MORE (Va.) and whip Kevin McCarthy (Calif.)

The congressman outlined his plan to balance the budget last year in his "Roadmap for America's Future," a contentious document that contains steep spending cuts but garnered full-fledged support from only a limited amount of House Republicans.

“I am hopeful that the president will work with the new House majority to cut spending, reform government, and restore the foundations for growth and job creation," Ryan said. "More than rhetoric, we need results."

Republicans also picked up two House seats and the governorship in Ryan's home state of Wisconsin, which typically votes for Democratic presidential candidates.

The GOP selected newly elected Virginia Gov. Bob McDonnell to deliver their rebuttal last year.

Ryan's counterpart on the House Budget Committee, ranking member Chris Van Hollen (D-Md.) praised his colleague personally on Friday but blasted GOP actions on the budget so far this year.

"Unfortunately, since the new GOP majority took over the House, they have done nothing to help put Americans back to work.  Instead, in short order, the non-partisan, independent Congressional Budget Office has indicated that House Republicans voted to add $230 billion to the deficit," he said. "Next week, they intend to ask Members to vote for a budget that violates their pledge of transparency and accountability by not even providing a single number.  Meanwhile, the Republican Study Conference has submitted a reckless budget proposal that will slow down the economic recovery and risk throwing Americans out of work."

This post was updated at 3:41 pm.