White House wants liability-fund cap lifted

[babsbunny]

http://www.politico.com/news/stories/0510/37017.html

President Barack Obama wants Congress to lift the caps on the decades-old Oil Spill Liability Trust Fund so as to give the Coast Guard more flexibility in coping with the Gulf of Mexico disaster and recovering damage costs from BP.

A formal White House request is slated for Tuesday, and the administration is hoping that the Senate Appropriations Committee will include the language as part of a wartime spending bill that could be taken up as early as Thursday.

No formal announcement has yet been made by Chairman Daniel Inouye, but with Memorial Day fast approaching, the Hawaii Democrat appears weary of waiting for the House and determined to show some movement. The oil-spill provisions complicate his task but also give added impetus to a package that could top $58 billion, affecting the Pentagon, State Department and health benefits for Vietnam-era veterans exposed to Agent Orange.

[KILL THE WISE ONE]

1. what about criminal charges for their corporate person-hood

[Coco2]

2. BUT it will NOT apply to any current events!!!!!!!!!!!!!!!

ex post facto is still valid in our Constitution...well at the moment at least.

[jpak]

3. cap the well and lift the cap

yup!