It was FOX News and CNN's "Dewey Defeats Truman" moment.
Reporting the Supreme Court's decision on Obama's health care law, both CNN and Fox News rushed dead-wrong headlines on-air.
CNN and Fox News violated the first rule of journalism: get it first but get it right.
The individual mandate had been "struck down" in "a dramatic blow to the policy and to the President, politically," CNN's John King breathlessly reported. "Wow, that's a dramatic moment," CNN anchor Wolf Blitzer responded, "if in fact the Supreme Court has ruled that the individual mandate is in fact unconstitutional, that would be history unfolding right now."
Banner on CNN: "Supreme Ct. Kills Individual Mandate"
Fox News announcer Bill Hemmer: “We have breaking news here on the Fox News Channel, the individual mandate has been ruled unconstitutional. This was a part of the law that was at the center of the oral arguments three months ago on this day when the justices hammered away at the White House and the administration's attorney, questioning the validity of the individual mandate and asking the following pointed question: if you can legislate healthcare, where can the federal government be stopped?”