Dems propose massive increase in oil company liability to $10 billion

A good idea that was quickly abandoned:

Congressional Democrats are pushing their first legislative response to the Gulf Coast oil spill, proposing to vastly raise the liability cap on companies that are responsible for offshore disasters. 

http://thehill.com/blogs/e2-wire/677-e2-wire/96375-dems-propose-massive-increase-in-oil-company-liability-from-75-m-to-10b