“I�??m open to compromise. I�??m open to new ideas,�?� the president said. �??But I refuse to accept any approach that isn�??t balanced.�?�

A newly energized President Barack Obama told the public in his first address since Tuesday�??s election that he was doubling down on his ultimatum to block any fiscal reform proposal that did not raise taxes on top-earning Americans.

With Congress poised to tumble off a fiscal cliff composed of sequester budget cuts and expiring tax breaks on the first of next year, House Speaker John Boehner (R-Ohio) has taken a conciliatory tone, saying House Republicans would work under the president�??s leadership to find compromise.

Obama took the ground Boehner yielded — “I was encouraged to hear Speaker Boehner say that tax revenue has to be part of this equation,�?� he said — and didn�??t give an inch in return in Friday�??s address.

He made it clear that he saw his �??pay your fair share�?� approach as his reelection mandate.

�??This was a central question during the election; it was debated over and over again,�?� he said.

�??On Tuesday night, we found out that the majority of Americans agreed with my approach.�?�

Obama said he has invited leaders from both parties in Congress to the White House next week, but didn�??t indicate any points on which he would be willing to yield.

�??I�??m open to compromise. I�??m open to new ideas,�?� he said. �??But I refuse to accept any approach that isn�??t balanced.�?�

Meanwhile, in a morning address, Boehner soft-pedaled on his remarks from earlier in the week, emphasizing fiscal reform over raising tax rates.

�??On Wednesday, I outlined a responsible path forward to avert the fiscal cliff without raising tax rates,�?� he said. �??About 24 hours after I spoke, the Congressional Budget Office released a report showing that the most harmful consequences of the fiscal cliff come from increasing tax rates.�?�

Boehner cited data from an Ernst & Young study released earlier this year showing that raising high-end tax rates as Obama proposes could cost the U.S. nearly 700,000 jobs.

But Boehner didn�??t back down from his position that raising revenues should be on the table as a tool of compromise.

�??I�??m proposing that we avert the fiscal cliff together in a manner that ensures that 2013 is finally the year that our government comes to grips with the problems that are facing us,�?� he said.