On the recordJune 10, 2010
Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker and my colleagues, this is an emergency situation, and it requires emergency action by the House of Representatives. The United States Senate, the other body, has acted and sent us S. 3743, which will allow us to expand some of the use of the funds that have been accumulated in the national Oil Spill Liability Trust Fund on an emergency basis. I am pleased that the other body acted. This is a unique and very difficult situation dealing with a very unique and difficult national disaster. First, I would be remiss if I didn't remember today those families who will be in Washington visiting with President Obama. Eleven individuals lost their lives when the oil rig, the Horizon, exploded in April. I know the President will be meeting with them. And, on behalf of all the Members of Congress, we extend our condolences for that loss of life. Right now we are dealing with the results of that disaster. This disaster and explosion, sinking of the rig and the uncontrolled oil spill--fortunately, there has been some progress in that regard, but incredible amounts of oil have spilt into the gulf and now endangers the shores of at least four of our States. In 1990, we set up an Oil Spill Liability Trust Fund, and that was after the Exxon Valdez. That fund has in it $1.6 billion, a substantial amount of money.…





