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House Speaker John Boehner on Friday put the ball in President Obama’s court over the so-called “fiscal cliff,” calling on the president to step up with a solution to avert the double-whammy of spending cuts and tax hikes that threatens to trigger another recession.

“This is an opportunity for the president to lead,” Boehner said late Friday morning, shortly before Obama was set to speak from the East Room of the White House. “This is his moment to engage the Congress and work towards a solution that can pass both chambers.”

Boehner had already telegraphed that he wants the president to be in the driver’s seat on a deal, and not pass the tough decisions to Congress. “We’re ready to be led,” he said earlier in the week, shortly after Obama won re-election.

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