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All posts tagged "Shakedown"

Stewart: GOP called BP fund a 'shakedown' before they didn't

Stewart: GOP called BP fund a 'shakedown' before they didn't

Rep. Joe Barton's apology to BP and remarks that the $20 billion escrow fund was a "shakedown" received condemnation from fellow members of the Republican Party last week but 114 members of the Republican Study Committee had signed onto the "shakedown" talking point only days before.

GOP congressman apologizes to BP for '$20 billion shakedown'

GOP congressman apologizes to BP for '$20 billion shakedown'

UPDATE: Under fire from even members of his own party, Rep. Joe Barton (R-TX) retracted his apology to BP over President Barack Obama's insistence that the company set up a $20 billion escrow fund to pay damages related to the Gulf oil spill.