President Obama and Mitt Romney Trade Jokes and Jabs at Fundraiser

President Barack Obama and Republican candidate Mitt Romney put their differences aside on Thursday for a night of fun at the annual Alfred E. Smith Memorial Dinner in NYC.

The two had no problem poking fun at themselves or each other. Romney told the audience at the formal charity event, “It's nice to finally relax and wear what Ann and I wear around the house.” He later added, “I was actually hoping the president would bring Joe Biden along this evening, because he'll laugh at anything.”

Addressing the PBS controversy from the first debate, Mitt explained, “Big Bird didn't even see it coming.”

Obama had the crowd laughing when he asked the guests to "please take your seats, otherwise Clint Eastwood will yell at them."

He went on to touch on Tuesday night's debate, saying he "felt really well-rested after the nice long nap I had in the first debate."

The POTUS continued, "I particularly want to apologize to (MSNBC's) Chris Matthews. Four years ago I gave him a thrill up his leg; this time around I gave him a stroke."

Taking a jab at Romney, Obama reminded the crowd of how he was criticized over his “celebrity” status and popularity with overseas allies after a trip in 2008. “I have to say I'm impressed with how Governor Romney has avoided that problem.”