Kevin Brady: “Mr. Speaker, I rise today in support of H.R. 6016, the Audit the BP Fund Act of 2010. I urge support for the bill that…”

“Mr. Speaker, I rise today in support of H.R. 6016, the Audit the BP Fund Act of 2010. I urge support for the bill that would provide for an ongoing independent Government Accountability Office investigation and audit of the operations of the compensation fund created by BP to reimburse those who were harmed by the BP Deepwater Horizon oil spill in the Gulf of Mexico beginning on April 20, 2010. The bill specifically determines the effectiveness, including the timeliness of claim payments and the accuracy of these operations in determining amounts of damages compensated. I believe the BP fund was established to help make whole the economies along the gulf coast that were damaged or destroyed by the disaster. $20 billion, as we know, is a tremendous amount of money, and it can go a long way to compensate gulf coast victims of the spill. We must ensure that compensation is done fairly, timely, and without bias, political pressure, or fraud.”