Stephen Colbert made an important announcement Thursday night on "The Colbert Report": President Barack Obama will finally be appearing on his show.

"I am so honored to be sitting down with the man who sat down with Bill O'Reilly," he joked.

Colbert is scheduled to interview President Obama during his Monday show, "Mr. Colbert goes to Washington," where he'll be broadcasting from D.C. Prepare to get nailed, Mr. President.