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Tina Fey Reprises Role of Sarah Palin on SNL

She's baaacck!

Comedian and Saturday Night Live alum Tina Fey returned to her old NBC stomping grounds Saturday to reprise her popular role as Sarah Palin in a debate sketch between undeclared presidential candidates.

Related: PHOTOS: Stars' funniest SNL Moments

Introduced as "current famous person Sarah Palin," six-months-pregnant Fey, 40, launched into her pitch-perfect impression of the former Alaska governor.

"It's so nice to be back on FOX News, a network that both pays me and shows me the questions ahead of time," Fey gushed as Palin. "I just hope tonight the lamestream media won't twist my words by repeating them verbatim."

Related: VIDEO: Sarah Palin and Kate Gosselin go camping!

Later, moderator Shep Smith (Bill Hader) asked Palin how she was preparing for a possible 2012 presidential run.

"First, I want to acknowledge that this week we finally vanquished one of the world's great villains, and I for one am thrilled to say good riddance to Katie Couric!" Fey said. "The most importing thing for people to know is that I'm going to be running for president every four years for the rest of my life. It's my Olympics and I intend to win a whole bunch of silvers!"

Related: VIDEO: The week's top celeb headlines

Darrell Hammond's Donald Trump was impressed by Palin. "Sarah Palin, I like you. If you want to be my Vice President, all you have to do is sell more chili than NeNe Leakes on a hot summer day in Times Square," Hammond said, referring to Trump's mega-smash reality hit Celebrity Apprentice.

Watch Fey's latest skit above and tell Us: What was your favorite SNL skit this week?

By Allison Corneau for For more Channel Surfing, click here.

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