For all practical purposes, the answer is probably yes, but technically the answer is no:
President George W. Bush is set to deliver his next State of the Union Address on January 28, 2008. It is widely believed that this will be his last address before leaving office on January 20, 2009, but assuming this is incorrect. Bush has the right to deliver either a written or oral State of the Union in the days immediately before leaving office in 2009. Presidents Truman, Eisenhower, Johnson, Ford, and Carter chose to do this. Presidents Reagan, Bush, and Clinton, chose not to.
Of no real consequences, but an interesting piece of Presidential trivia.
H/T: James Joyner
