SCHIEFFER SAYS EXCERPT WAS TAKEN OUT OF CONTEXT: “THAT WAS A QUESTION THAT I POSED TO DAVID AXELROD, THE PRESIDENT'S CAMPAIGN MANAGER. I WASN’T STATING SOMETHING THERE. I WAS ASKING SOMEBODY A QUESTION.”

Bob Schieffer, CBS News Chief Washington Correspondent and anchor of FACE THE NATION, made the following statement on Sunday, July 15 on FACE THE NATION regarding a television ad that the Romney campaign aired on Sunday morning.

SCHIEFFER: Well, we're back now with our political roundtable: Michael Gerson, the columnist for the Washington Post, used to work for George Bush; our CBS News team, Norah O’Donnell and John Dickerson; and in New York this morning, New York Magazine’s Frank Rich. Frank, we’re very glad to have you. I want to start with something that we didn't know about when this broadcast started, but it is my understanding that just a few minutes ago, the Romney campaign bought time on FACE THE NATION during one of our commercial blocks, and, in some markets around the country, are running a new ad which includes me. We’re going to just show you that.

SCHIEFFER: I am running this not to give circulation to it but just to state that, obviously, I have no connection with the Romney campaign. This was done without our permission. It comes as a total surprise to me, and that is that. But that is – that’s where we are in politics.

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SCHIEFFER: ...That was a question that I posed to David Axelrod, the president's campaign manager. I wasn’t stating something there. I was asking somebody else a question.

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