The British Petroleum spill in the Gulf of Mexico could cost $8 billion to clean up, but under federal law BP's financial responsibility for the problem is capped at $75 million.

Which is an obvious problem that needs some fixing, and today Washington Sen. Patty Murray is signing on as a co-sponsor to a measure, originally put forward by Sen Robert Menendez (D-NJ), that would raise that liability cap to $10 billion.

In a statement announcing the move, Murray said:

Washington state taxpayers should never be left holding the bag for oil companiesā€™ environmental and economic disasters. This is a simple issue of fairnessā€”if an oil company causes a spill, they should have to pay to clean it up. This issue hits close to home for families in the Northwest who saw first-hand the devastation caused by the Exxon Valdez disaster and the long battle over cleanup costs.

She also noted that the BP spillā€”which the company has suggested it will pay for, though it's not clear up to what dollar amountā€”came right after BP announced its quarterly profit had shot up to $6 billion.