The Treasury and the Media

Steven Brill doesn't think the media is doing a good job covering the Treasury.  He can't understand why after 3 years and 3 months the Treasury postponed for a year the Obamacare requirement that employers with 50 or more employees must provide health insurance or pay a penalty of $2,000 per employee.  The Treasury said that the rules, instructions, and reporting forms necessary to implement the requirement could not be written in time. Why did it take them so long to admit they couldn't get the job done?  How complex could it have been?  Yet, the media has accepted that 'explanation'.  

Why Brill asks does the media assume that things are okay at the Treasury.  

Is there any reason to assume that things are fine at the Bureau of Engraving and Printing, or that Treasury is doing a good job selling bonds or enforcing trade sanctions against terrorists or rogue countries, such as Iran? What about collecting taxes and nailing tax cheats?

Didn't most of this happen on Tim's watch?