Katrina collects a bundle

The flow of federal dollars to the Gulf Coast two years after Hurricanes Katrina and Rita devastated the region already exceeds what the U.S. spent on the Marshall Plan to rebuild Europe after World War II. President Bush and Congress have committed more than $127 billion in resources and tax relief for the region — significantly more than inflation-adjusted $107.6 billion directed to 16 countries in Europe between 1947 and 1951.

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