Stephanopoulos condescendingly began, "A week after voters seemed to say that they wanted more aggressive action against the deficit, the chairmen of a presidential commission are calling their bluff." GMA featured two segments on the topic, but never once actually mentioned the deficit number, $1.3 trillion.
Reporter Jake Tapper featured Barack Obama's speech from South Korea in which the President attacked Republican campaign rhetoric on the debt: "And unfortunately, a lot of the talk didn't match up with reality." Left unmentioned was the Obama's own record spending.
In a follow-up segment, Stephanopoulos forced Senator Kent Conrad, a member of the deficit commission, to respond to attacks from the left: "And already some top Democrats are coming out and saying this isn't going to fly. Former House Speaker, outgoing House Speaker Nancy Pelosi saying they're simply unacceptable. Rich Trumka, the head of the AFL-CIO says that these proposals tell the working American to drop dead. What's your response to your fellow Democrats?"
He did offer some balance, pointing out, "On the other side, Republicans like Grover Norquist saying that any Republican who signs on to this is breaking the no new taxes pledge. So, how are you going to create a center of gravity to get something done?"
On Wednesday's CBS Evening News, reporter Chip Reid described the possible cuts as "painful." On World News, Jon Karl deemed them "bitter medicine."
A transcript of the November 11 segment, which aired at 7:07am EST, follows: