Obama: "Part of the President's Job to Deal with More than One Thing at Once"

Yep.

He's speaking live now, so no link. He's emphasizing bipartisan cooperation without falling for the bait from the press to attack McCain. But he's also made very clear that he thinks it is more important than ever to have the debates, and did make much the same point I did earlier: the president has to be able to multitask.

Oh, and if Obama is to be believed, McCain blindsided him with the announcement, but Obama classily gave him the benefit of the doubt on it.