The Gulf Oil Spill and the Obama Presidency

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At the White House today, BP agreed to establish a $20 billion trust fund to pay claims from the Gulf oil spill. The fund will be overseen by Kenneth Feinberg, who handled victims' claims in the aftermath of September 11. Last night, in his first speech from the Oval Office President Obama outlined what he called his “battle plan” for the Gulf oil spill.

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Warren Olney