Georgia GOP Leader calls BP Escrow Fund “shakedown”

Press Release

Washington D.C – On the heels of the agreement that BP will contribute $20 billion dollars to Gulf communities that have been devastated by the oil spill, Congressman Tom Price (R-GA) called the fund a "shakedown".

According to McClatchy newspapers, Price was quoted as saying, "BP's reported willingness to go along with the White House's new fund suggests that the Obama Administration is hard at work exerting its brand of Chicago-style shakedown politics."

The BP oil spill has devastated fishermen, small businesses, families and communities throughout the Gulf Shores region. The $20 billion escrow fund was negotiated by the Obama administration to rebuild these stricken communities. Repeatedly, the administration has said that BP will be held responsible for paying the damages in these areas.

"Congressman Price is siding with BP on this issue," said Jane Kidd, Democratic Party of Georgia Chair. "All Americans should be shocked by a sitting member of Congress that calls restitution for the oil spill a shakedown."

"We ask that members of both parties repudiate Mr. Price's offensive comments. He does not stand with the hard-working middle-class families that have been irreparably damaged by this environmental tragedy."

Source: Democratic Party of Georgia