Hot Air has the video of Bush’s statement to the press regarding the NYT’s bank-data disclosures. You should watch it to see how serious Bush is about this issue. NR’s editors weigh in here:
President Bush, who said on Monday morning that the exposure “does great harm to the United States of America,” must demand that the New York Times pay a price for its costly, arrogant defiance. The administration should withdraw the newspaper’s White House press credentials because this privilege has been so egregiously abused, and an aggressive investigation should be undertaken to identify and prosecute, at a minimum, the government officials who have leaked national-defense information.
I agree with the editors when they write (further down) that prosecuting the NYT would be a highly-controversial distraction. But going after its sources would not be.