And -- which brings us to this budget deal, and one of the things that we have spoken out so clearly about is that while we need to cut spending, we need to reduce the deficit -- we agree with Republicans on both those goals -- that we have to do it in a way that is responsible and that does notjeopardize the recovery.
In his veto message, Mr. Christie called the Democrats' bill "lopsided" in not recognizing the concerns of small businesses paying for the wage increase and said that it would "jeopardize" New Jersey's efforts to recover economically.
The ensuing political deadlock is leading to fears that Greece will not have a government in place when it needs to make critical debt payments, which could in turn jeopardize its place in the euro zone.