Transcript: Sens. Chris Dodd and Lindsey Graham

Let me bring something else up here -- uh oh, but first I want to say, George?

WILL: I'm just looking at my Medicare card.

(LAUGHTER)

WILL: I showed it to my doctor. He said, that's wonderful, George, now, we will send your bills to your children.

(LAUGHTER)

WILL: I wonder whether that's the plan we want.

STEPHANOPOULOS: Because he's not going to take Medicare.

DONALDSON: But wait a moment...

WILL: Oh, he will take it.

DONALDSON: ... the Bush tax cuts are being paid for, eventually, by our children. So, where's the outrage there? As Bob Dole would say, where's the outrage, George?

(UNKNOWN): And Social Security is being paid for by our children.

(CROSSTALK)

ROBERTS: And we've paid a lot for our children.

(LAUGHTER)

DONALDSON: This is Father's Day. You had a chance to speak in May. REICH: I really think that the details, you know, over the next three or four weeks, the president has to weigh in. And it is over the details, Bill. You know, we are all talking...

DONALDSON: Where the devil is? Yes.

REICH: Yes. And this is going to be made or break -- or broken on the details. This -- what is the definition of public option? Where is the money actually going to come from? Is there going to be a mandate? Or not a mandate? This is where the action is.

(CROSSTALK)

STEPHANOPOULOS: Well, the president is going to answer a lot of those questions Wednesday night at this -- in this conversation that Diane Sawyer and Charlie Gibson are having with him, which has sparked debate on talk radio, about whether the press has been too easy on President Obama.

Here's what -- how the president answered the question in an interview this week.

(BEGIN VIDEO CLIP)

OBAMA: I've got one television station that is entirely devoted to attacking my administration. I mean, that's a pretty...

(UNKNOWN): I assume you're talking about Fox.

OBAMA: Well, that's a pretty big megaphone. And you'd be hard- pressed if you watched the entire day to find a positive story about me on that front.

(END VIDEO CLIP)

STEPHANOPOULOS: You know, George, I've always been struck by how -- and it's not too strong a word -- how obsessed the president and the White House are with Fox News.

WILL: Well, it's the discordant note in an otherwise harmonious chorus, I suppose that's why. But three great love affairs in world history are Abelard and Heloise, Romeo and Juliet, and the American media and this president at the moment.

But this doesn't matter over time. Reality will impinge. If his programs work, he's fine. If it doesn't work, all the adulation of journalists in the world won't help (ph).

STEPHANOPOULOS: And there are some who say actually the president has gotten an abnormal amount of coverage of his personal life, personal style, celebrity coverage.

KELLER: Well, first of all, he has got a fascinating life story, so, of course the personal side gets covered as the first obviously African-American family in the White House. But you know, don't confuse attention with love. I mean, here is a new president who has promulgated one huge ambitious program after another. So, of course, he gets a lot of big, page-one headlines.

But I don't think, at least up until now, it's been unskeptical or uncritical. Read our business columnists on his approach to the deficit, his quasi-nationalization of the auto industry. He's getting examined pretty microscopically.

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