"to make a song and dance about something" means to make a big fuss. I'm guessing that you understand the rest.
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Mister MicawberThe idiom is 'doing a song and dance';In my usage it's "making a song and dance". Google results show that both are used, with "making" somewhat more common.
Mister Micawber 'Making' is not in my idiolect.Not in mine either. Never heard it. For me it's always been doing.