Studies have shown that the elimination of Saturday delivery alone could save the Postal Service upwards of $3 billion per year.

Lifting the liability cap, as we do under the legislation, also instills discipline on oil companies.

So for that reason, along with 20 cosponsors, we have amended the legislation for unlimited liability.

This is an ongoing crisis, and we need to act in certain ways.

If there is any national policy challenge that is not and should not be treated as partisan in any way, surely it is the ongoing oil disaster in the Gulf.

Senator David Vitter introduced emergency legislation to completely remove the existing cap in Federal law for economic damages as it pertains to BP and our disaster.

I want to thank you for holding this hearing today on Senator Menendez's legislation.

As a member from a coastal State I can say that I truly understand the importance of our shorelines to our own local and national economies.

I wonder whether the 'drill, baby, drill' crowd ever thought about the 'spill, baby, spill' consequences, because that is what we have today.

I congratulate Senator Menendez for introducing S. 3305. I am proud to co-sponsor the measure.

My heart goes out to the folks that are impacted by this terrible accident, to the families of the 11 workers who died.