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The process. were going to do what we need to do here, john. >> you say legitimate claims. how will you measure what a legitimate claim is? would you, again, go beyond the $75 million cap if you find these claims under whatever terms youre about to apply to them to be legitimate? >> on, i dont think the $75 million cap is going to be the issue. things where theres impact from this, from this event, this spill, whether they be economic impact or whether it be environmental impact, well have to me...

Develop. im sure once this is complete, that thinking will move a long way. the requirements that had to be there were in place. but clearly we need to do more. >> in terms of the amount of money that bp is going to end up paying -- and i know its going to be a huge amount of money, probably billions of dollars in the cleanup, but the economic damages by federal law are capped at $75 billion. is bp going to hold to that cap or will bp go beyond -- will they try to be a good neighbor and good cor...

That costs jobs and opportunities. >> at one point during mr. lous testimony, he suggested that after the 10-year budget period that the president is proposing to start in 2012 and go beyond. in fact, deficits will go up that the president plans on spending. mitch mcconnell said he had been urging the president privately to deal with entitlements for the better part of the last year. while republicans would very much like to go forward, he said, it has to be bipartisan and it will not happen unl...

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