This is absolutely the worst-case situation we have long feared. Pray for Louisiana citizens as this storm nears.

That provides a very appropriate source to pay for this.

This kind of major public works project has to be a state and federal partnership.

What this information shows, I think, is this was the most expensive natural disaster in American history.

This helps our residents to get back on their feet and puts them in the position where they can begin rebuilding.

The eye on the prize is that we get the resources we need so folks have the confidence that they can come back, and there's a long-term commitment of the federal government to be the state's partner in protecting our cities and towns from hurricanes and restoring the coast.

Our goal is to try to identify the ways this money can be used to have the most leverage, in terms of providing private sector investment.

This is a shot in the arm to the recovery that will make a big difference.

The severe impact of the disaster has placed a profound stress on government at all levels, not to mention that of the individuals and businesses attempting to recover. We're going to have to use limited resources wisely.