(ABC7/AP) It was a night of glitz, glamour, laughs and stinging jokes at the expense of just about everyone at the Washington Hilton on Saturday night.

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The Hilton's ballroom was the site of the 98th annual White House Correspondents' Dinner, where media moguls, government leaders, television and movie stars and plenty of others posed for pictures and mingled.

"It's always good for a laugh," actor Kevin Spacey said. "It sort of pokes fun at all the craziness of politics in Washington."

Not much was off-limits for President Barack Obama's scattershot humor at the celebrity-studded dinner.

Even the entrance to his speech was part of his schtick. The president walked off stage just before he took the podium with an alleged "hot mic," making fun of getting caught last month on an open microphone with Russian President Dmitry Medvedev.

"What am I doing here?" he asks off stage. "I'm opening for Jimmy Kimmel and telling knock-knock jokes to Kim Kardashian."

This year's primaries, the 2008 primaries, the General Services Administration scandal, even the Secret Service and Donald Trump were among the targets for presidential barbs.

Obama also took a shot at the Republican congressional leadership, whom he thanked "for taking time from their exhausting schedule of not passing any laws" to attend the dinner.

Four years ago, Obama recalled, he was locked in a tough primary fight with Hillary Rodham Clinton, now his secretary of state. "She can't stop drunk texting me from Cartagena," he said, referring to their recent trip to the Summit of the Americas in Colombia, where Clinton was photographed drinking a beer and dancing.

This year, Obama is the incumbent, but the dinner was far from a campaign-free zone. The president pointed out his similarities with the presumed Republican nominee, Mitt Romney.

"We both think of our wives as our better halves, and the American people agree to an insulting extent," the president said.

"We both have degrees from Harvard. I have one, he has two. What a snob."

Even the stars in attendance are thinking of dabbling in politics, including Kardashian, who has admitted to thinking of running for mayor of Glendale, Calif.

At the end, though, the biggest laughs came for President Obama and Kimmel, who joked about everything from the president's gray hair to plenty of dog jokes.

The Associated Press contributed to this report.