McCartney quipped that , given the song 's title , he might be the first guest to get punched out by the president . NEW : Paul McCartney awarded Library of Congress Gershwin Prize for Popular Song . NEW : McCartney , Stevie Wonder , others perform famous songs in East Room . NEW : McCartney performs love ballad `` Michelle '' and quips he may get punched out by president . Hide Caption 1 of 12 Photos:Photos: Obama calls McCartney most successful songwriter in history .
NEW : Paul McCartney awarded Library of Congress Gershwin Prize for Popular Song . NEW : McCartney , Stevie Wonder , others perform famous songs in East Room . NEW : McCartney performs love ballad `` Michelle '' and quips he may get punched out by president . Hide Caption 1 of 12 Photos:Photos: Obama calls McCartney most successful songwriter in history .