Obama's Birthday Party

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U.S. President Barack Obama will celebrate its birthday-50 this Thursday in Washington by holding a private ceremony at the White House.

President Obama will spend this morning with the work, before a party with family and friends in the White House Rose Garden, in the afternoon. He will then spend the weekend with his family at the presidential retreat at Camp David.

At birthday parties and campaign fundraising event in Chicago on Wednesday night, Obama defended his economic policies, but he admits there are still many things need to be done about the economy.

He also called compromise legislation on the debt ceiling recently as "inscribed his own wounds," as he said Washington had no time for partisan games.

President Obama signed an agreement to slash government spending and raise the national debt ceiling on Tuesday, hours before the government faces running out of funds to pay his debts.

The audience in a fundraising event Wednesday to pay up to 35,800 dollars per ticket. The money is intended for presidential re-election campaign and the Democratic National Committee.

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