Press

The day after Speaker John Boehner surrendered to the Tea Party, pushing the country closer to a government shutdown, Governor Chris Christie will campaign for Republican Senate candidate Steve Lonegan, who has embraced the GOP’s plans to shut down the government and default on our obligations. While Republicans risk driving our economy off a cliff, Christie is using his political capital to help Washington Republicans add another Senator to their Shutdown-Default Caucus, encouraging the dangerous brinkmanship that threatens the economic wellbeing of New Jersey’s families.

In an interview with Politico, Republican Representative John Fleming made the inaccurate claim that “Technically, it’s not possible to default because there’s always enough revenue to cover the interest.” Fleming continued, saying “nothing happens” if the debt ceiling is reached. Fleming’s comments are not only wrong, they’re dangerous. The GOP’s competing plans to gut ObamaCare by shutting down the government or defaulting on the faith and credit would hurt the economy and take a toll on the economic wellbeing of ordinary Americans.

Today, President Obama will address business leaders at the quarterly meeting of the Business Roundtable. President Obama has been a strong advocate for the business community, and continues to make strides toward strengthening businesses across the country. And yet, after Democrats and President Obama have worked to get the economy back on track, help businesses grow and spur job creation, Republicans are getting ready to turn back the clock on this progress.