Page 2 - Cap Put News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> i accept. let's do it. >> all right. we'll see you soon on the trail. thank you, sir. when we come back, remember we're continuing to watch these dramatic developments in the gulf of mexico. this is the new cap put in place. they hope this cap fits snugly enough and works right to completely shut off the flow of oil. that's a story we'll track in the hours ahead and when we come back, the senate is back in session. congress is back from its july 4th recess. one of the big issues, financial reform. can democrats get enough republican votes to put that bill on the president's desk. we'll brea...

We, after i got the question here about the $75 million cap for, obviously, the three exceptions that we talked about, willful misconduct, gross negligence and not paying attention to, or in violation of federal regulations that removes that cap, omb was working on, in the process of working with the hill on legislation to lift that cap. i have not gotten from them a number whether it be 10 billion or something in that neighborhood. we would be in favor of significantly lifting that cap, a cap put in place in the oil pollution act of 1990, so at least 20 years old. >> but you don't have -- >> ...