July 6th, 2011
04:22 PM ET
WASHINGTON (CNN) - President Obama made history by being the first president to ever tweet when he wrote "in order to reduce the deficit,what costs would you cut and what investments would you keep – bo." He didn't keep his answers to 140 characters during his Twitter townhall on Wednesday afternoon but he did take 18 questions and gave feedback on 6 responses to his first-ever tweet.
Here's a running log of the Twitter townhall by CNN producers:
So, does that make this a successful forum to look towards in the future? Surely the pundits will bounce that around later.
[Updated at 3:03 p.m.] Welfare spending question gets a reaction from the audience.The person asking the question basically said that people won't try hard if everything is handed to them.
"Some welfare programs in the past were not well-defined, and did encourage dependency," Obama acknowledged.
However, Obama said the focus in social programs should be to give folks the tools to get in the work force and "let them know that we are there to support you and encourage you as long as you're showing responsibility."///
[Updated at 2:55 p.m.] CNN's Becky Brittain (@beckybcnn) notes: POTUS takes a break from economy and energy and answers question re: #NASA.
Obama discusses how private sectors will take the lead on the commercial aspect and the government on some groundbreaking innovations.
CNNMoney.com's @AnnCensky enjoys part of the response: "Obama: Let’s ultimately get to Mars – a good pit stop is an asteroid! @townhall #askobama
To see the entire live blog transcript, click here.