It's one thing if Dick Armey, or some other repulsive hack, goes out and gives a speech which contains a bunch of lies. It's another thing for a major news outlet - print or teevee - to give its stamp of authority on those lies. I'm sure he'll be back.
I've said a bunch of times that elite journalists oddly cling to authority rather than expertise as the reason they need to have very well-paid existences. But then they don't bother to use that authority to actually inform their audiences. Instead they use it to bolster the claims of conservative liars.