Feb 2, 2010

Reuters Yanks Story After White House Complaint [Journalismism]

Amid White House complaints, Reuters retracted a story saying the president's "backdoor taxes" will "hit [the] middle class." This is the second story Reuters has killed in as many months, but, on the bright side, the first actually bad one.

In December, Reuters' editor in chief spiked a "not bad" story about a billionaire hedge fund manager who just happens to own a chunk of the newswire. The White House doesn't have any equity in Reuters, but it did get some leverage from Reuters' factual errors, like saying the president "wants to let" tax breaks like a cut in the alternative minimum tax expire when in fact that's not the case. That's too bad, since Matt Drudge totally loved this story. More at Talking Points Memo.

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