Damage Control
Submitted by .Sean on May 21, 2010 - 10:14am
The Prime BuzzRep. Roy Blunt says he'll offer a bill expanding the liability caps oil companies can obtain when drilling offshore.
The Blunt bill mirrors the Senate proposal Prime Buzz reported earlier in the week -- a liability cap of $150 million or a year of profits, whichever is higher.
Democrats want to raise the cap to a flat $10 billion. The current cap is $75 million.
Blunt's announcement comes after his campaign repeatedly failed to clarify his views on paying for clean-up in the Gulf of Mexico after the Deepwater Horizon disaster. (emphasis added)
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