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Highlights from Correspondents Dinner

President Obama tossed out a round of zingers at the annual White House Correspondents' Association dinner on Saturday to a crowd of A-list celebs and journalists. He got some laughs before he even hit the podium by opening his set with a fake "hot mic" moment, pretending to trash talk guests while backstage. During his nearly 17-minute monologue, the president covered a range of topics from "drunk" texts from Hillary Clinton to his competition in the presidential race.

When it came to Mitt Romney he said, "We both have degrees from Harvard. I have one, he has two. What a snob!" That one got a big thumbs up from former Republican presidential candidate Rick Santorum who was in the crowd.

Obama cracked one-liners at his own expense, too, venturing into the always awkward "about-that-time-I-was-given-dog-meat-as-a-kid" subject. Obama asked the packed house, "What's the difference between a hockey mom and a pit bull?" Note the subtle reference to Sarah Palin's classic line from the 2008 race. His response: "A pit bull is delicious."

The tradition goes back to 1914 and every president since then has attended the event.