President Barack Obama & Jimmy Fallon Slow Jam The News

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Apr. 25 2012, Published 7:00 a.m. ET

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President Barack Obama and Jimmy Fallon collaborated in a memorable bit on Tuesday night's Late Night with Jimmy Fallon, taped at UNC-Chapel Hill.

In the exchange, Fallon and his band, The Roots, said how they wanted to "slow jam" the news when the commander-in-chief emerged and announced, “I’m President Barack Obama: And I too want to slow jam the news!”

From there, the two had a back-and-forth, as the president would read something official, then Fallon would interject with a soulful interpretation of the words of the president -- or as he called him, "The Preezy of the United Steezy."

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"The reason it is so important to keep down costs is so we keep college affordable," the president said in a soliloquy about student loans, to which Fallon riffed, "And the president knows his stuff y'all, that's why they call him the Potus -- which means Person on top... what is it?"

"The President of the United States," the commander-in-chief reminded the late night host, after which The Roots chimed in with, "The Potus with the mostest!"

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"And that -- is how -- we slow jam the news!" Fallon said to a standing ovation.

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The first couple has a good rapport with the late night host, as Michelle Obama took on Fallon in a gauntlet of physical challenges to commemorate the second anniversary of her Let's Move campaign in February. (As for The Roots, they showed their support indirectly with a questionable musical tribute to Rep. Michele Bachmann when she appeared on the show late last year.)

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