Sunday, May 23, 2010

GOP Blocks Oil Spill Liability Bill

Republicans for the second time blocked legislation that would increase oil companies' liability for oil spill damages, setting off criticism from Democrats seeking to make BP pay for the disastrous oil spill in the Gulf of Mexico.

Sen. James Inhofe (R-Okla.) on Tuesday blocked a bill Democrats have put forward to raise the liability cap from $75 million to $10 billion. He said on the Senate floor he agrees the cap should be raised, but the Senate should "wait and see where the cap should be."

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