Huffington Post: Menendez Introducing Unlimited Cap On BP Damages

Dem. Sen. Robert Menendez
Photo credit: www.huffingtonpost.com
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Sen. Robert Menendez (D-N.J.) introduced last Tuesday afternoon a bill that would fully eliminate any cap on the amount of economic damages that oil companies would have to pay for spills they've caused. The New Jersey Democrat is revising an earlier version of legislation he introduced which would have raised the cap from $75 million dollars in liability to $10 billion. Now, the cap will be effectively unlimited, an aide said.




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