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‘Pork barrel’ spending: A big liability for lawmakers in 2010 election?
With the federal deficit at $1.5 trillion, some voters are balking at politicians who tout a record of securing ‘pork barrel’ projects.
Read more on The Christian Science Monitor
Pelosi: Oil Companies Responsible for Spills Should Face Unlimited Liability
House Speaker Nancy Pelosi says oil companies that cause major spills like the BP spill in the Gulf of Mexico should face unlimited liability for economic damages.
Read more on WHSV Harrisonburg
Boxer pushes to raise liability for oil spills
On the first day of the re-election fight of her life against GOP challenger Carly Fiorina, California Sen. Barbara Boxer seized an issue Wednesday that hit all the buttons of her political persona, championing legislation to lift the liability cap on oil… Carly Fiorina – Barbara Boxer – Republican – California – United States
Read more on San Francisco Chronicle
Congress Prepares Bill to Remove BP Liability Limit (Update1)
June 3 (Bloomberg) — U.S. House Democrats, responding to the Gulf of Mexico oil disaster, are preparing legislation to eliminate the $75 million cap on damages that large companies must pay over oil spills and tighten regulation of the industry, Democratic aides said.
Read more on Bloomberg
Effort to Raise Oil-Spill Liability Fails in Senate (Update1)
Backers of legislation to raise the economic-damage liability cap for oil companies to $10 billion plan to seek passage through the committee process after the legislation failed to win expedited approval yesterday.
Read more on BusinessWeek
Transocean Seeks To Limit Liability For Oil Rig Blast
The Swiss company has been named in more than 100 class action, personal injury and wrongful death lawsuits related to the April 20 rig explosion that killed 11 people on its Deepwater Horizon drill rig. Transocean planned to ask a federal court in Houston to cap its overall liability from the incident at less than $27 million.
Read more on NPR
Bill would increase liability cap for companies after oil spills
WASHINGTON – Rep. Artur Davis joined other Democrats today in introducing a bill to increase the economic damages oil companies must pay when they’re responsible for accidents like the massive oil spill threatening the U.S. coastline along the Gulf of Mexico.
Read more on The Lafayette Daily Advertiser
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