Representative Joe Barton (R-Texas) Presents, then Retracts Apology to BP Over Establishment of Relief Fund

Well that was fast. The Tony Hayward grilling hasn't even finished in Congress, and Joe Barton already is walking back his earlier apology to BP. "I apologize for using the term 'shakedown' with regard to yesterday's actions at the White House in my opening statement this morning, and I retract my apology to BP," said the Texas Republican in a statement.

Rep. Joe Barton of Texas has offered an apology for his comments this morning apologizing to BP CEO Hayward for what he described as a "shakedown" at the White House to set up a BP-funded $20 billion fund to pay for damages from the catastrophic oil spill in the Gulf of Mexico.