Obama signs bill to release money for Gulf cleanup
Go Deeper.
Create an account or log in to save stories.
Like this?
Thanks for liking this story! We have added it to a list of your favorite stories.
President Barack Obama has signed into law a bill that makes more money available to the Coast Guard to pay for its response to the oil spill in the Gulf of Mexico.
The new law removes the $100 million limit that the Coast Guard can spend on the BP spill from a government trust fund used to pay cleanup costs.
The Coast Guard could have run out of money to fight the spill if the spending cap was not lifted. Obama signed the bill Tuesday as he prepared to address the nation on the Gulf spill.
The Obama administration has said it will require BP PLC to pay for all cleanup expenses. Officials sent BP a $69 million bill earlier this month.
BP operated the Deepwater Horizon oil rig that exploded in the Gulf on April 20.
(Copyright 2010 by The Associated Press. All Rights Reserved.)
Turn Up Your Support
MPR News helps you turn down the noise and build shared understanding. Turn up your support for this public resource and keep trusted journalism accessible to all.