TPMDC Morning Roundup | Talking Points Memo

Obama To Face BP’s Leaders President Obama will meet today with BP’s top executives, in a high-stakes meeting in which he will demand the creation of an escrow account to handle damage claims. The Associated Press reports: “The cost of such a fund would be enormous. The White House insists is has the legal authority to make it happen. Still, administration officials also acknowledge a negotiation is at play here, and key issues remain unsolved. Among them: Who will oversee the escrow fund, who will make that decision, how large will the fund be and whether BP will pay the salaries of oil workers idled by a six-month moratorium on new deep-water oil drilling.”

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