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UPDATED: Obama: BP agrees to set aside $20 billion fund for spill victims

Published 06/16/2010, INFORUM

WASHINGTON — After meeting with top BP officials, President Barack Obama announced on Wednesday that the oil giant has agreed to set aside an initial $20 billion to pay the victims of the oil spill in the Gulf of Mexico, calling it "an important step toward making the people of the Gulf Coast whole again."

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