Source:
PoliticoDemocrats attempted Thursday to create unlimited liability for oil companies, and for the fourth time since the Gulf crisis began, Republicans objected.
Sen. Robert Menendez (D-N.J.) asked for a voice vote to pass a bill that would hold oil companies accountable for all damages they create, a significant leap from the $75 million cap set by current law. Sen. Jim Inhofe (R-Okla.), ranking member of the Environmental and Public Works Committee, rejected the request.
Menendez's fourth failed shot at moving the liability bill came just a day after BP President Tony Hayward committed to establishing a $20 billion escrow fund, touted by both the White House and Congress, to help clean up what has become the most devastating ecological disaster in American history.
"Are we going to stand up for the communities and the coast along the Gulf shores, or are we going to stand up with Big Oil? That is what this is about, about setting responsibility where responsibility should lie," Menendez said on the floor.
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http://www.politico.com/news/stories/0610/38666.html
It is interesting that most media outlets refuse to report on Republican continuing efforts to protect Big Oil. Heck, even this article by Politico censors out the name of the bill: "The Big Oil Bailout Prevention Liability Act of 2010," because the media only plays along when Republicans call something a bailout, but when Republicans protect BP, then you cannot use the word "bailout" when reporting.