It is baloney.
3 seconds sound clip from the Anchorman: The Legend of Ron Burgundy movie soundboard.
You can hear this line at 00:21:22 in the Blu-ray version of the movie.
Quote context
[...]
- Sir, I will not have my first story at this news station be about a cat fashion show.
- Ma'am, you will do the stories to which you are assigned.
- I am a damn good journalist, and this cat show thing is grade A baloney.
- It is not baloney, now go do your job, missie.
- I'm going to take a run at the new girl. Let the games begin.
- We're not really going to do that, we were just flapping our gums.
[...]