WASHINGTON, D.C. - President Obama is expected to make clear that BP will pay for damages in the wake of the oil spill. The President is set to make his 4Th trip to the Gulf on Monday and once on the ground he's expected to press BP executives to create a special account of cash reserves to pay out claims.
Senate Democrats have already called on the oil giant to put an initial $20 billion to cover claims and for clean-up.
President Obama is scheduled to visit Alabama, Mississippi and Florida for the first time since the start of the crisis now in 55Th day. Governor Crist welcomed the visit and described it as long over due.
"Whenever the President of the United States comes into an affected area, questions get answered more quickly, assets get deployed more rapidly, and there is a great focus and attention where it needs to be right now and that's the gulf states", the governor said on CBS Face of the Nation Sunday.
The President will make his first Oval Office address to the nation Tuesday night.
Mr. Obama is also expected to call for an independent panel to pay out claims when he meets with BP officials on Wednesday at the White House. Much-criticized BP CEP Tony Hayward will be among those in attendance. Hayward will also be grilled on Capitol Hill later this week.