The White House is holding a "town hall" at Facebook headquarters, where the president is expected to answer questions before a small audience about the economy and the federal deficit. The event also will be broadcast live online to Facebook's more than 500 million users, starting at 1:45 p.m. PT (4:45 p.m. ET).
Facebook representatives will choose questions from among the queries submitted in advance by audience members and by people tuning in on the Web. Facebook CEO Mark Zuckerberg will moderate...Update: "Facebook members find Obama event 'not great'." And Obama's not so hot either.