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Being paid out for six or eight weeks. $130 million has been paid out. it s not part of the escrow fund that we ve seat up as we speak to be used to pay claims. that fund has not been paid down in anyway. correct. that $20 billion is still? the tank which is good news. that was major garrett filling in on fox news sunday. got a lot of the answers that we talked about. those were all questions hanging out there for feinberg and major garrett got the answers. let s see what s happening overnight. vice president joe biden is urging eye leaders to set aside their differences and form a working government. they played the plea at a 4th of july event in baghdad. this nation was once ignored in sectarian stride and violence a lang of security and prosperity with a government ....
Resolution to them today. one question you were asked is b.p. paid out $130 million in claims already. does that count on the $20 billion? here is what you said wednesday before the house committee. let s look. i think the $130 million that has been paid out so far is not part of the $20 billion. that has been paid by b.p. separately, independent of the escrow account. i think that s right. i think that s right. major: do we know for sure? can we resolve it? what is the situation, what is the $20 billion, do they comix? $130 million has been paid out and it is not part of the $20 billion escrow fund that is being set up as we speak. that will be used to pay claims. and major: the fund has not been paid down in any way? correct. major: that s for shoe. next question, you were asked something on the minds of businesses along the gulf that don t have tar balls, that don t have any actual oil damage near them, but their businesses are quite clearly being affected. this would ....
On the subject that they can t bankrupt their debts. neil: how do you know? what scholar is an expert on this, assuming by constantly going after a company s finances and, in your case, trying to marshal the resources to put it under receivership, something the constitution says is a no-no, by the way, what gives you or these scholars the right to say we can keep pushing and they can keep paying? eventually it s like knocking blood out of the a stone. i don t know that s the case. bp said they want to pay claims. we ll see. neil: but we did this with mando. push, push, push, until they went bankrupt. we did it with texaco. push until they fell into the arms of an acquirer. believe me, i understand your rage and your concern. i m just saying, be careful what you wish for. you might have a dead company. ....