Watch Live: President Obama's Last Press Conference of His First Term

Watch Live: President Obama's Last Press Conference of His First Term

President Obama is about to hold his final Q&A session with the media before his second inauguration next week. You can watch live video of the press conference below, but we will also be updating with highlights as it is happening. It's now slated to start around 11:30 a.m. Eastern.

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The main topic is likely to be the debt ceiling, as it is expected that President Obama will once again call on Congress to raise the limit without putting up a fight, even as some members are threatening a government shutdown. Other topics on the agenda should include gun control (the recommendations from Vice President's Joe Biden special committee are expected Tuesday); his new cabinet appointments (specifically the possible nomination fights for Chuck Hagel and Jack Lew); and a possible early look ahead to next month's State of the Union and the President's second-term agenda, maybe including immigration reform. 

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There may even bee a few surprises, although we hope no one asks about Star Wars

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This'll be Pres Obama's 21st formal, solo, full-scale WH news conference out of 108 press availabilities since taking office.

— Mark Knoller (@markknoller) January 14, 2013