Lady Gaga and Tony Bennett have finally released the video for 'The Lady Is a Tramp.' In the clip for the song, which appears on Tony Bennett's latest album 'Duets II,' Gaga dons a teal, cropped wig and a glamorous black, lacy dress, while Bennett also keeps it classy in a traditional black suit. Their attire isn't the only classic element either, since the whole video setting has an old-school feel, as the duo sings to each other in the studio for the entirety of the clip.

'The Lady Is a Tramp' video kicks off with darkened silhouettes of Bennett and Gaga, and Bennett croons the first lines of the timeless song. Although the whole video has an old-fashioned, nostalgic presence -- since their interactions become the centerpiece of the video as they sing into vintage mics in the studio -- Gaga keeps it cheeky and contemporary as she dances around Bennett in the studio, joining him at his mic to sing together.

Bennett can't help from giggling at Gaga as she belts out her portions of the track, replacing certain lines about herself -- for example that she likes the Yankees and enjoys boating with Bennett and his wife in Central Park. She also sings "that's why this lady is a tramp," transforming the song to be about herself.

As the fun-filled video closes, Gaga puts her arm around Bennett to harmonize on the last few lines of the chorus. As they wrap up the tune, which is in the style of the big band genre, Gaga gazes at Bennett and both singers smile at each other. 'The Lady Is a Tramp' video is a joy to watch, and the song is just as fun to listen to. Gaga and Bennett clearly has some great artistic chemistry together.

Watch the Lady Gaga and Tony Bennett 'The Lady Is a Tramp' Video