Tuesday, September 27, 2005

Shituation Room Moments:

CAFFERTY: Louisiana's two senators are asking the federal government for $250 billion to rebuild Louisiana in the wake of Katrina. According to "The Washington Post," this $250 billion bill would cost more in inflation adjusted dollars than the whole Louisiana purchase, one-third of the 48 adjacent states did when Thomas Jefferson bought it back a few years ago. The Louisiana purchase actually encompassed areas all the way from North Dakota to the Gulf Coast and about a third of the center section of the country. Critics say that parts of the bill make the Louisiana delegation look greedy. Really? And that they're using Katrina as an excuse to raid the federal Treasury.

The question this hour is should it cost more to rebuild Louisiana than it did to buy it?

These two Louisiana senators filed a bill in the -- in the Senate, $250 billion they want.

BLITZER: Well, they're trying to help their state.

CAFFERTY: Yes. And then that last time we were on, I told you about the guy who resigned his job there as the head of the Democratic Party, or whoever he was, so he could go and work on his construction company. I wonder what he has in mind.

BLITZER: All right. Jack, we'll get back to you soon. Thank you very much.

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