But that doesn't mean we can't take a look back at how some recent presidents celebrated the New Year.
CBS News correspondent Mark Knoller reports that former President George W. Bush always spent the New Year at his ranch in Crawford, Texas. "He rarely stayed up 'til midnight," said Knoller.
Bill Clinton, by contrast, would celebrate the New Year at Renaissance Weekend in Hilton Head, South Carolina. (The Renaissance Weekend Web site says the weekends "are non-partisan retreats created to build bridges among innovative leaders from diverse fields.")
The then-president and then-first lady Hillary Clinton would attend the Renaissance Weekend policy conference and then take questions into the wee hours of the New Year, according to Knoller.
The event was not technically covered by the press, though Mr. Clinton's remarks usually leaked out. In addition, the White House sometimes described what was said at the event.
On January 1st, the Clintons typically headed to the U.S. Virgin Islands to relax.