Detailed text transcripts for TV channel - MSNBC - 20100730:14:20:00
Apply. in this instance, it doesn't apply. bp is on the hook for everything. and, so, what you do with removing the cap entirely is you mean that there is only about four companies that can lease out there. right now independent oil companies, which will be driven out by the lack of a liability cap, do about 90% of the leasing. they create about 300,000 jobs, so this bill is full of great words. it's full of bad effect. >> in fact, supporters of this bill say that they're not surprised that you aren't supporting it because three of your top five contributors are companies that deal with the oi...