less than mary landrieu has received from the oil industry. far less than the $5 million that bp's ceo tony hayward makes per year. his company reporting $5.6 billion for the first three months of this year, not revenue, profits. the kind of profits that can prof size a future free of regulation but full of acts of god. when you want a bank that travels with you. with you when you're ready for the next move. [ male announcer ] now that wells fargo and wachovia have come together, what's in it for you? unprecedented strength, the stability of the leading community bank in the nation and with 12,000 atms and thousands of branches, we're with you in more ways and places than ever before. with you when you want the most from your bank. [ male announcer ] wells fargo. together we'll go far. ♪ [ male announcer ] winning more awards for quality and customer service than any other luxury manufacturer the last 10 years says something. yet the award we value most is the fact that lexus has had more repeat loyal drivers in more of the last 10 years than

less than mary landrieu has received from the oil industry.far less than the $5 million that bp's ceo tony hayward makes per year. his company reporting $5.6 billion for the first three months of this year, not revenue, profits. the kind of profits that can prophesize a future free of regulation but full of acts of god. nashville ahead. [ horns honking ] i need to get back on the bike. ♪ [ dog barks ] [ female announcer ] share your goal at walgreens.com and we'll celebrate you in times square. and to help you take the first step, we've lowered prices on more than 100 helpful everyday products like sunscreen. buy one today and get one half off. walgreens. there's a way to stay well. ♪ [ male announcer ] winning more awards for quality and customer service than any other luxury manufacturer the last 10 years says something. yet the award we value most is the fact that lexus has had more repeat loyal drivers in more of the last 10 years than any other luxury automotive brand. to express our thanks, we are featuring our best values of the year. g

less than mary landrieu has received from the oil industry. far less than the $5 million that bp's ceo tony hayward makes per year. his company reporting $5.6 billion for the first three months of this year, not revenue, profits. the kind of profits that can prophesize a future free of regulation but full of acts of god. ♪ three decadent flavors. 60 calories. it's me o'clock. time for jell-o. [ monkey screeches ] ♪ [ male announcer ] a bath becomes even more pleasurable when you know that your water is being heated in an environmentally conscious way, while saving you hundreds of dollars on your water heating energy bill. introducing the geospring water heater from ge with advanced hybrid technology. heating the water in your home any other way is just going to seem primitive. ♪ is just going to ♪ [ pop ]seem primitive. ♪ i think i'll walk this way with the trees ♪fect day ♪ i do sing [ man announcing ] the hybrid for everyone is here. the insight-- designed and priced for us all. from honda. [ both screaming ] i got into one of the most expen

mary landrieu's louisiana constituents are particularly interested in that outcome. >> will bp pay? >> we've been very clear, tony hayward our ceo has been very clear. we are going to pay all legit legitimates claims. >> define legitimate please. >> substantiated claims. i can't define the term. here's the intent. the intent is to be fair, responsive, and expeditious. and to... as to the $75 million that you mentioned, we think that we're going to exceed that obviously. that is irrelevant. >> reporter: it was the first in a series of hearings to explore the causes and effects of the giant spill that could impact off-shore drilling for years to come. but several senators said congress should seek to improve the practice, not abandon it. >> our nation will need a lot of oil for a long time to come. and for the sake of our nation's economy, for the sake of our national security, and this incident notwithstanding, for the sake of the world's environment, we need to safely produce the maximum amount of that energy here at home. >> reporter: here in louisiana witnesses continue to tell th

in a couple of minutes, a conversation with mary landrieu.erce, a news update. >> president obama plans to announce a moratorium on new deepwater oil permits will be continued for six months, while a presidential commission investigates. controversial lease sales off the coast of alaska will be delayed pending the result of the commission's investigation. the president news conference will be live on c-span radio and c-span.org. bp says it should know today whether efforts to shut down in 0 well in the gulf of mexico has been successful. the so-called top kill that that has worked aboveground, but never 5,000 feet beneath the surface. congress is headed to landmark vote on whether to let gays serve openly in the military. the house could vote on a proposal that would repeal the don't ask, don't tell law. the senate armed services committee is expected to take up an identical measure. the house will be voting on a bill that would extend jobless benefits through november, but they are finding some opposition over the overall cost of the bill. t

we have the ceo of devon energy and mary landrieu of louisiana.will comment on the oil spill in the gulf and what this means. then the ceo of cargill, the nation's largest privately held company, the ceo has a bone to pick with congress over derivatives. we'll be talking about that. plus we'll get his outlook for the economy. >>> first, let's look at this morning's top stories. >> yeah, futures a little higher than you might have expected after yesterday. look at that. we just lost quite a bit of ground in the past few minutes. i guess continued weakness on contagion fears out of europe after the dow lost 225 yesterday. those efforts continue to fight the massive oil spill in the gulf of mexico. efforts have been helped by pretty good weather, and bp expects a giant steel containment device to be shipped to the site today and to be operating sometime in the next week. ex-bear stearns ceo jimmy cane, allen schwartz will testify before the inquiry commission. they'll talk about the collapse of the firm was due to, quote, overwhelming market forces.

host: mary landrieu? guest: yes, this was a big deal for her. she wanted language in the bill.somebody that you could count on more than someone like byron dorgan or kent conrad. you could probably count them as no votes. host: any republicans close to supporting this? guest: lindsey graham has said that he would be the 60th vote, but he has some concerns about immigration. you have to believe he has an ownership about the bill the next republicans would have to be olympia snow, susan collins. susan collins, perhaps less. she has her own bill. this one is simpler, only about 40 pes, compared to the one that we have now which is about 1000. other republicans to watchoutfor, scott brown of massachusetts. he is definitely hearing it from john kerry. up for reelection again, so presumably, that is another big issue up there. george lemieux of florida. we will see how the senate race influences things there. judd gregg, we should mention him as well. a retiring senator from new hampshire who had shown interest in the issue. richard lugar, people who have worked with democrats on oth

host: mary landrieu? guest: yes, this was a big deal for her. she wanted language in the bill. she is somebody that you could count on more than someone like byron dorgan or kent conrad. you could probably count them as no votes. host: any republicans close to supporting this? guest: lindsey graham has said that he would be the 60th vote, but he has some concerns about immigration. you have to believe he has an ownership about the bill the next republicans would have to be olympia snow, susan collins. susan collins, perhaps less. she has her own bill. this one is simpler, only about 40 pages, compared to the one that we have now which is about 1000. other republicans to watchoutfor, scott brown of massachusetts. he is definitely hearing it from john kerry. up for reelection again, so presumably, that is another big issue up there. george lemieux of florida. we will see how the senate race influences things there. judd gregg, we should mention him as well. a retiring senator from new hampshire who had shown interest in the issue. richard lugar, people who have worked with democr

it is moya -- my honor to introduce senator from louisiana, mary landrieu. >> senator durbin is going to be a strong a.l. lie as we fight for just -- justice and fairness. secretary salazar has been an extraordinary leader, and secretary nepal taun -- napolitano. they are putting forth all the assets of the federal government to tackle this problem. secretary salazar recognizes, as he said, that bp is responsible. but i recognize that the federal government isn't in charge of this situation, and he is pressing bp at every level with every scientist at his disposal and every engineer available to him and to the secretary to get this well shut at the earliest possible convenience or the earliest possible date. and they are doing that. i hope it could be done today. if not, in the next few days. secondly, we need all to do a better job of processing these claims. there were emotional pleas here. i have heard them before. i have been on the phone with hundreds of louisiana annals and people from around the gulf coast. if you made $50,000 last year, and you can't work this year, bp is goin

with us now from capitol hill, democrat from louisiana, senator mary landrieu.'re welcome. >> is there any way to put a number or even to characterize the cost of this disaster? >> not yet. those calculations will be made. but what we have to keep our eye on is plugging this well. and the president is right to keep his team completely focused thoon effort. it's not just bp. it is a global effort now of other experts in the industry trying to figure out what so terribly wrong happened here because we have drilled 1,000 wells like this over the last decade, about 100 a year deep water in the gulf. we've never had anything like this happen. to put it in perspective, we've only had about 7,000 barrels of oil or gallons spilled into the gulf in a decade. we're doing that in an hour and a half. so this is a terrible, terrible incident. >> and senator, is it right to put the responsibility squarely on bp and what do you expect of them beyond that $75 million? what do you hope they take on themselves? let alone raising the cap? >> you know, after every major accident we

it is my honor to introduce my colleague and friend, senator mary landrieu. >> senator durbin is going to be a strong ally to all of us in louisiana and the gulf coast as we fight for justice and fairness in this situation. secretary salazar has been an extraordinary leader. secretary napolitano, as the commander of this situation. they are both explained that this is unprecedented. they're putting the full force of their offices and apartments and the assets of the federal government on tackling this problem. secretary salazar recognizes that bp is responsible. i recognize that the federal government is in charge of this situation. he is pressing the peak, at posal, andl, with e dve every engineer available to him to get this well shot at the earliest possible date. they are doing that. i hope it could be done today. if not, in the next few days. secondly, we need to do a better job of processing these claims. there was a very emotional -- there were some very emotional pleas today. i have been here have a dozen times and spoken on the phone with hundreds of people from around the gul

you your bob schieffer with mary landrieu the democratic senator been also the floor debt senator, illa senator, and the senate candidate. on cnn, the guests will include a common security secretary napolitano, slazaro, rubio, crist. you can listen to all five talk shows beginning at noon. you can also listen to was on the web. follow us on facebook and on twitter. >> what a think is vital is that americans agree to talk to the taliban and leadership. >> in 2000,. the author wrote about the taliban. with the 10th anniversary of his book he looks at what is next. it is tonight. >> today, tv analyst, author, columnist, and three-time presidential candidate, pat buchanan on conservative ideologies. >> president ahmadinejad is scheduled to speak on monday at the un. one key moments from his past speeches online at the c-span video library. "washington journal" continues. host: we'll be talking in a roundtable format about the 2010 midterm politics with the house editor, and rhodes cook. david, tellus from your perspective have different the house will look after the 2010 elections? guest:

senator mary landrieu and i visited galveston several weeks later. i was there a day or so after the surge that came over galveston in a helicopter, but i couldn't get on the ground at that point, but we came several weeks later, senator landrieu and i, because we wanted to look at the recovery because senator landrieu, of course, has had so much experience with hurricane katrina, and we wanted to do everything to get help to these people. and so we had a press avail at a small neighborhood restaurant, and there was the community banker from hometown bank who also was applauded by the owner of the little italian restaurant, and he said the banker was in there helping us clean up the restaurant and make sure that we had the liquidity to open our doors because there was no food to be had on galveston island at that point, and they wanted to get up to serve their customers and their community banker was right there with them. president obama himself has said that community banks are intimately woven into the fabric of the community. banks such as texas