Obama Urged to Use Spill Fines to Restore Gulf

By: Associated Press
By: Associated Press

Washington, D.C. (AP) - President Barack Obama's point person on the
Gulf coast's restoration will recommend paying for it with some of
the billions of dollars in civil penalties that could be collected
from companies responsible for the oil spill.
That recommendation by Navy Secretary Ray Mabus will
be made in a report he will release Tuesday, a portion of which was
obtained by The Associated Press. A senior administration official
said the White House would endorse the proposal. The official spoke
on condition of anonymity because the announcement was not yet
Dedicating fines levied against BP PLC and other companies
involved in the April 20 accident to restoration will require a
change in law.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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  • by mo' money on Sep 28, 2010 at 05:14 AM
    I can assure you that if OweBummer thinks there's extra money lying around that it will get spent in a hurry... and he'll probably spend more than he has. This guy has got to go.
  • by tom Location: madison on Sep 28, 2010 at 03:31 AM
    History will show when governments get some extra money they act like drunken sailors......(no offense sailors)
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