Congressman Charles W. Boustany, Jr., MD (R-South Louisiana), issued the following statement after officials in five Gulf States announced they had reached a settlement agreement with BP for $18.7 billion after the BP oil spill in 2010. The settlement will go toward resolving Clean Water Act penalties and damage claims as well as settling outstanding economic claims. In a press conference today, Louisiana Attorney General Buddy Caldwell estimated Louisiana would be able to recover approximately $10 billion.
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