TPM News

Bloomberg reports this morning that BP and the White House have yet to come to an agreement on an escrow account that would help pay for spill cleanup, even as President Obama meets with BP executives this morning in the White House.

In his Oval Office address last night, Obama said he would "inform" BP executives that they must create the account.

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President Obama gave his first Oval Office address tonight, speaking about the ongoing oil leak in the Gulf of Mexico.

Obama spoke about the government's response to the environmental disaster, as well as the need to pass energy legislation and more carefully regulate the oil industry. You can read his full remarks here.

Watch the full address:

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President Obama tonight called for a long-term plan to restore the Gulf Coast after the devastating oil spill and promised there would be third-party oversight of BP's payment of damage claims. Obama planned to say he wants to work with state officials, local communities, fisherman, conservationists and gulf businesses to develop a restoration plan for the coast. A senior administration official told reporters before the speech the plan would include a requirement that BP "will pay for the environmental degradation that it has caused."

"But make no mistake: we will fight this spill with everything we've got for as long it takes," Obama said from the Oval Office, his first televised address from the room since taking office. The speech capped Obama's two-day trip to the region, during which he spoke with the Gulf's Republican governors, local business owners and National Guard troops helping with cleanup efforts.

"We will make BP pay for the damage their company has caused. And we will do whatever's necessary to help the Gulf Coast and its people recover from this tragedy," Obama said. Read his prepared remarks here.

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You may have to wait until it's really hot outside before Sharron Angle takes questions from the media about her controversial record. Tonight, several hours after she zigzagged her way through the Senate to avoid questions from the press, a handful of reporters asked NRSC Chairman John Cornyn to explain.

His response: We probably won't be hearing anything from her for weeks.

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The man who was reportedly arrested in Pakistan with a gun, a sword, night goggles, and Christian literature on a mission to kill Osama bin Laden, has a substantial criminal record in his home state of Colorado.

The Denver Post reports on Gary Brooks Faulkner:

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With only days to go before Majority Leader Harry Reid unveils his forthcoming energy legislation, the Senate's lead climate change negotiator acknowledged today that he's shy of the 60 votes he'd need to overcome a filibuster if it includes provisions meant to mitigate global warming.

"Are we there? No," said Sen. John Kerry (D-MA) in response to a question from TPMDC this afternoon. "We don't have the 60 votes yet. I know that. But we're close, enough to be able to fight for it, and we'll see where we wind up."

Kerry has never claimed otherwise, and has always suggested that building a 60-plus vote coalition for climate legislation would be a tough climb. But his acknowledgment comes as other key Democratic members and chairmen are trying to prevent any plan to cap and price global warming pollution from coming to the floor without 60 votes in the bag. Just today, Sen. Byron Dorgan (D-ND), chair of the Democratic Policy Committee, publicly cast doubt on whether that's possible.

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Rep. Steve King's (R-IA) comments that President Obama "favors the black person" by default in an argument may have cost him an appearance at a Colorado fundraiser.

King was previously going to speak at an event for Colorado state Rep. Cory Gardner, who is running against freshman Democratic Rep. Betsy Markey. But as the Fort Collins Coloradoan reports:

He was scheduled to speak at a $100 a person fundraiser for Gardner on Saturday in Hudson, but the event has been scrapped, Gardner campaign manager Chris Hansen said.

Hansen wouldn't elaborate on the reasons, but he informed the Coloradoan of the cancellation after the paper inquired about King's remarks. The campaign had sent an e-mail to supporters Friday promoting the fundraiser.

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If you're wondering whether Republicans will hide Nevada Senate hopeful Sharron Angle from the press the way they've sequestered Rand Paul, wonder no more.

At her debut appearance on Capitol Hill today, Angle zigged and zagged her way through private corridors and through side doors to avoid taking even perfunctory questions from waiting reporters.

This afternoon, as nearly a dozen reporters stood in wait, Angle attended the Republicans' weekly policy luncheon--a common tradition in both parties after primary victors and other hopefuls enter the general election. When it was over, though, and Angle was ready to leave, she didn't exactly welcome press attention. Rather she took a back door out of the dining room, through the waiting room outside the Senate chamber into a reception area, which reporters are forbidden from entering. From there she took a senators only staircase down to the first floor of the Capitol toward a side exit on the building's north face. That's where the pack caught up with her and peppered her with questions, which she almost entirely ignored as she weaved her way east toward the driveway, and into her car to safety.

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