'Countdown to U.S. Debt Default' Clock at ABCNews.com

July 9th, 2011 3:31 PM

It's one thing to report dishonestly. It's another to proudly display it.

The front page of the ABC "World News" website now contains a "Countdown to U.S. Debt Default' clock:

As NewsBusters reported Thursday, the Treasury is expecting to take in $172 billion in tax receipts in August.

As the total interest due on our nation's debt will likely not be greater than $35 billion, we will bring in almost five times as much in taxes which means there will not be a debt default.

To suggest otherwise is just a flat out lie.

For a leading American "news" organization to be publicly counting down to something that won't happen is really the height of dishonesty.

ABC should be ashamed of itself, as should Diane Sawyer.