Thursday, August 30, 2007

The Big Easy’s Billion Dollar Boondoggle

So, the president and Mrs. Bush went down to New Orleans to commemorate the second anniversary of Hurricane Katrina. Who knows? Maybe over a latté with leading Democratic candidates Hillary Clinton, Barack Obama, and John Edwards they discussed spending even more money down there. After all, everyone seems to be saying New Orleans needs more cash.

Here’s a pop quiz: How much money has Uncle Sam spent on New Orleans and the Gulf region since Hurricane Katrina ripped the place apart?

I’ll give you the answer because you’ll never guess it. The grand total is $127 billion (including tax relief).

That’s right: a monstrous $127 billion. Of course, not a single media story has highlighted this gargantuan government-spending figure. But that number came straight from the White House in a fact sheet subtitled, “The Federal Government Is Fulfilling Its Commitment to Help the People of the Gulf Coast Rebuild.”

Huh?

This is an outrage....

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