President Ford comes to Point Place; Red is chosen to ask him a question, but struggles as he tries to speak. Eric and the guys welcome the President by streaking. Donna has to wear an American flag jumpsuit Bob gave her.

Eric skips school with Donna, Hyde, and Kelso for the first time in his life. Unbelievably, the gang finds a keg in the middle of the road and sees it as a sign that they should throw a party. Problems arise, however, when they all realize that there's no beer tap after the party is in full swing. Meanwhile, Red and Bob have their suspicions about what the kids are up to and launch a full scale search of Point Place.