US President Barack Obama Raps Jay-Z's '99 Problems' In New Viral Parody Clip - Video

1 October 2012, 13:53 | Updated: 1 October 2012, 14:20

The American leader can be heard insulting republican candidate Mitt Romney in the YouTube remix.

US President Barack Obama can be heard rapping over Jay-Z's '99 Problems' in a new viral parody video, which has been created from clips of the American leader's speeches.

The new remix, which has been uploaded on YouTube, features Barack hitting out at republican candidate Mitt Romney.

The President raps: "If you're having bank problems I feel bad for you son. I got 99 problems but Mitt's not one."

The footage opens with a declaration from the US leader that he's been listening to a lot of music by the rapper, who he is close friends with.

Most recently, Jay and his wife Beyonce held a fundraiser where they raised $4 million for Obama's re-election campaign.

The 'Otis' star admitted he finds his friendship with Obama "surreal" and dismissed any future in politics for himself.

You can watch the Barack Obama '99 Problems' remix video below:

*Warning, this video features material which could cause offense*

The rapper was also forced to deny recent reports that his wife Beyonce was pregnant with their second child.