"The Congressional Black Caucus has given two of its four scheduled presidential debates to CNN but said it is 'in discussions' with Fox News to sponsor two as well," Variety reports. "The CBC is hosting two debates for Democratic presidential aspirants and two for Republicans for the 2008 cycle and had been seeking network sponsors to cover costs and broadcast the debates."

Update: 11:47am: The Variety story originaly included this line: "Fox is working overtime to sponsor a debate between Democrats, seen as critical to maintaining its 'Fair and Balanced' mantra and credibly covering the 2008 election." It has been deleted.