We will be forced to austerity. It will be pledged upon us. We ought to be doing that now before that happens rather than when somebody else is telling us what we are going to do. Thank you. Coming up next, attorney general holder releases the details of the 4. 5 billion in the bp oil sediment. Ed markey reacted to the settlement with bp. That is followed up by president obama touring a Hurricane Sandy damage in new york. In 2010, the deep water rights and rid explosion was the worst oil spill. Rig explosion was the worst oil spill. There was a 4. 5 billion settlement case. This briefing is half an hour. Good afternoon. Im here with the assistant attorney general from the Justice Department and the security and Exchange Commission of enforce. And head of deep water verizon task force and announcing the latest step forward in our ongoing efforts to achieve justice for those whose lives and livelihoods were impacted by the largest environmental disaster in the history of the United State
By the Justice Department. We have not yet recovered from this disaster. The families of those who lost their loved ones will never recover. But this is an important step in making sure that bp is held the responsible held responsible for its action. I want to commend the work of the chairman. He aggressively pursued the statements that were made. When he heard that the amount that they were talking about discharging into the gulf was as slow as it was being presented, he knew right away that it was not accurate. He was able to give the Justice Department documents that led them to the same conclusion. We need to hold wrongdoers accountable. I am pleased that the Justice Department and i commend the attorney general are taking the action to hold dp criminally accountable. They are yet to be held hold bp criminally accountable. They are yet to be held civilly accountable. And the individuals who gave ms. Information to congress or were on board the ship on the night gave mis information