I think all federal education funding should be cut to pay for this. And funding for the Nat'l Endowment for the Arts, too. And all federal farm bill funding, and federal funding for abortions--I can think of lots of ways to pay for this monstrosity.
I think congress should be forced to look at all the waste pet projects and eliminate all of them to help fund. LA forgets that Florida, Mississippi and Alabama ALSO suffered losses, and now we have Texas. Who are they to expect the Fed to completely rebuild the state. They should be bearing a large portion of the rebuilding.
Insurance companies estimated of the $500 billion they insure in LA, 40-60 Billion are insured losses due to Katrina and of that 15-25 Billion is related to NO. They expect losses to exceed $125 Billion. So the Fed should be able to cut that aid off. The businesses that were uninsured shouldn't profit from all the give aways.
Why should the FED completely rebuild the corrupt State, I'd like to see RITA take a sharp turn and send NO off to sea. Surely the state has already allocated expenses funded by the FED that need to be deducted from their demands.