Senate panel to probe oil spill's federal costs
Updated 3:56 p.m. ET
How much has the BP oil spill cost taxpayers and when will we get our money back!?
Senators plan to put those questions to oil executives and other government officials at a hearing scheduled for Wednesday afternoon, the same day President Obama plans to meet with BP company officials about establishing an escrow account to repay victims of the spill.
Sen. Tom Carper (D-Del.), who chairs the subcommittee on federal fiscal management, has invited BP Vice President Darryl Willis (who stars in a new company video about the company's claims process), Transocean President and CEO Steve Newman and representatives of the Coast Guard and Government Accountability Office.
In a statement, Carper noted that Obama last week sent a $69 million bill to BP.
"The tab sent to BP and other responsible parties last week is likely the first of many, and I hope we can expect payment soon," Carper said.
Carper's office said the hearing will focus on the future viability of the Oil Spill Liability Trust Fund and to explore what steps are being taken to ensure reimbursement happens quickly.
Separately, the Commerce Department Office of Inspector General said it plans to track how the National Oceanic and Atmospheric Administration pays for its ongoing operations in the Gulf Coast. Five of the agencies office have deployed personnel and equipment to the region, the watchdog said.
| June 14, 2010; 12:29 PM ET
Save & Share: Previous: More from GSA and OMB on real estate cuts
Next: Gay, straight federal workers benefit from new leave policy
Posted by: beenthere3 | June 14, 2010 1:05 PM | Report abuse
Posted by: liveride | June 14, 2010 2:08 PM | Report abuse
Posted by: liveride | June 14, 2010 2:30 PM | Report abuse
Posted by: g55rumpy | June 15, 2010 4:52 AM | Report abuse
Posted by: seraphina21 | June 17, 2010 11:11 AM | Report abuse
The comments to this entry are closed.