President Obama will release a budget next week that proposes significant cuts to Medicare and Social Security and fewer tax increases than in the past, a conciliatory approach that he hopes will convince Republicans to sign on to a grand bargain that would curb government borrowing and replace deep spending cuts that took effect March 1. Sean Sullivan It's not our ideal policy. It's a compromise that we're willing to do to get a bigger deal," a senior White House official said Friday. We want to make clear that it's something that we're willing to do. To not put it in [the budget] would be a conversation disconnected with reality. The senior official added that including the offer was not a hard call. Failing to do so, the official said, would have provoked howls from Republicans that "you moved the goal posts." Boehner, in a statement Friday, accused Obama of holding entitlement cuts "hostage" in an effort to win support for more tax hikes, despite warnings from congressional Republicans not to do so. "That's no way to lead and move the country forward," Boehner said. He also criticized the budget proposal because it does not balance, although according to White House estimates it would significantly reduce the deficit as a percentage of the economy over the next decade. In addition to Republican opposition, the president also is likely to face immediate heat from some Democrats and liberal supporters over his proposed cuts to entitlement programs. "While this is not the president's ideal deficit reduction plan, and there are particular proposals in this plan like the [cost-of-living] change that were key Republican requests and not the president's preferred approach," a senior administration official said, "this is a compromise proposal built on common ground, and the president felt it was important to make it clear that the offer still stands." He has begun a charm offensive, reaching out to rank-and-file House and Senate Republicans, dining and speaking privately with them in hopes they will take seriously his offer to overhaul entitlement programs in exchange for increasing tax revenue.