After controversial news about Donald Trump losing over $900 million in 1995 was released on Saturday night, New Jersey Gov. Chris Christie tried to defend his boss by claiming it was a good thing.

During an interview with Fox News host Chris Wallace on Sunday morning, Christie claimed that the huge financial loss that Trump endured that helped him avoid paying federal taxes for almost two decades just proves how much of a “genius” the former reality star is.

“What it shows is what an absolute mess the federal tax code is and Donald Trump is the best person to fix it,” Christie insisted. “There is no one who has shown more genius in their ability to maneuver around the tax code as he rightfully used the laws to do that.”

When Christie said, “This is actually a very good story for Donald Trump,” Wallace intervened.

“Wait, wait, wait,” a shocked Wallace said. “You’re saying it’s a good story that he took a billion dollar loss and that he failed to pay any income taxes for years? That’s a good story?”

“Chris, first of all you don’t know that he didn’t pay any income taxes,” Christie responded. “All the story said is that kind of loss can be used for up to 18 years. But if Mr. Trump made $600 million the next year, $600 million of that loss would be wiped out. So let’s be precise about what it said.”

Christie tried to claim that the Republican presidential nominee paid “millions and millions and millions in taxes.”

But Wallace shot Christie down with Trump’s own words. “In effect what he said in the first debate is that if he paid no taxes, that made him smart,” Wallace stated. “I assume that if he had paid taxes over all those years he would have told us so.”

“Well, that’s a big assumption on your part based upon the advice he has gotten,” the increasingly argumentative Christie responded. “This proves that the advice he’s gotten from his lawyers and accountants is the right advice.”