Official: BP ‘cut payments to 40,000′

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BP plans to reduce payments to some 40,000 oil-spill claimants, potentially making life more difficult for individuals and businesses affected by the Gulf oil spill, a Louisiana official has said.

The Associated Press reports that Louisiana's secretary for children and family services, Kristy Nichols, found "a significant cut in daily payments" during a recent review of claims against BP, which appears to be related to incomplete forms.

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