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'Tonight Show' Host Jimmy Fallon Takes Brutally Funny Shot at Obama: 'More Bad News for the President…\

FILE - This April 4, 2013 file photo released by NBC shows Jimmy Fallon, host of "Late Night with Jimmy Fallon," in New York. Fallon will debut as host of his new show, "The Tonight Show with Jimmy Fallon," on Feb. 17. (AP Photo/NBC, Lloyd Bishop, File) AP Photo/NBC, Lloyd Bishop, File

"Tonight Show" host Jimmy Fallon took a brutally funny shot at President Barack Obama on Monday night, delivering what could be one of his best jokes yet at his new gig.

“More bad news for the president,” Fallon began. “Chicago is reversing its plan to name a high school after President Obama because it received multiple complaints from people in the community. I guess — I guess parents are afraid their kids would spend 8 years at the school and still not get anything done.”

Watch the video via "The Tonight Show" below:

(H/T: Western Journalism)

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