WASHINGTON (Reuters) - The White House would back "significantly lifting" a $75 million cap on companies responsible for oil spills, spokesman Robert Gibbs said on Wednesday.
"We would be in favor of significantly lifting that cap," he told a news briefing.
BP Plc and U.S. authorities are struggling to contain a massive, uncontrolled oil slick in the Gulf of Mexico that could devastate fishing, tourism and other industries.