President Bush will call tonight for an unprecedented federal commitment to rebuild New Orleans and other areas obliterated by Hurricane Katrina, putting the United States on pace to spend more in the next year on the storm's aftermath than it has over three years on the Iraq war, according to White House and congressional officials.
With the federal tab for Katrina already nearly quadruple the cost of the country's previous most expensive natural disaster cleanup, Bush plans to offer federal assistance to help flood victims find jobs, get housing and health care, and attend school, according to White House aides.
This all has to be done, but other choices made in the past years mean this is not something we can easily pay for, and some on the right are still demanding another tax cut for millionaires.
Katrina means long-planned Republican tax cuts will be delayed -- but not abandoned. Lawmakers say Congress is using the time to concentrate on post-Katrina recovery and reconstruction. U-S House Majority Leader Tom DeLay says there's plenty of time to do everything that they want to do.
In other words, wait until we are not paying close attention and then give all the promised goodies to the rich.
Of course, while this storm may, in time, cost more that the war in Iraq, the cost of that mistake is going to continue to cost us hundred of billions, if the president doesn't find a new path (and he wont, since he refuses to consider even looking for one).
-- Two suicide car bombers struck back-to-back just half a mile apart in the Iraqi capital Thursday after another bombing hours earlier in the same neighborhood, bringing the day's death toll to at least 31 people in another day of deadly violence in Baghdad, according to Iraqi police.
The three bombings in Baghdad's southern Dora neighborhood killed at least 23 Iraqi policemen and eight civilians and wounded at least twenty others, according to the Associated Press
Just run up the debt, maybe the great grand kids will enjoy the abject poverty of the nation.