"What he needs to do is explain to the American people how incurring more debt will get us out of debt. It’s kind of unfortunate. He kind of plays us all for fools," Fmr. Gov. Sarah Palin said.

Bill O'Reilly, FOX News: "Would you deliver the President a message for me personally? You've got to stop with Warren Buffet. You got to stop with Warren. Warren is 88 years old or something. He says his secretary pays more tax. It's not true. He's talking about two different things." Jay Carney, White House: "His secretary pays --" O'Reilly:

White House Press Secretary Jay Carney talks about the president's speech to Congress. He says the proposal has bipartisan ideas and that the speech was not changed based on anything that happened in Wednesday's GOP debate.

Rep. Steve Israel, the chairman of the Democratic Congressional Campaign Committee, talks about Medicare. He is not worried about President Obama's talking of changing the program, but says Republicans want to end it.

Charles Krauthammer and the panel discuss the political meaning of President Obama's jobs plan. Krauthammer believes the speech is the opening argument from Obama's 2012 presidential campaign.

Bill O'Reilly criticzes MSNBC's coverage of the GOP presidential debate at the Reagan library. He also takes on President Obama's speech to Congress, saying that the president wants to increase taxes and fund programs that haven't worked.