I am going to commit conservative heresy:
The rebuilding spending for New Orleans should be paid for with a tax increase. I would propose a one-year, 1% surtax on all income tax brackets (not just "the rich" as the liberals always fantasize). The fiscal purpose is obvious; we cant let the deficit get totally out of hand. The political purpose is more important: all taxpayers should feel more directly the cost of the huge run up in government spending. Then maybe theyll start to demand a bit less of it. And maybe it will provide some discipline to some of the slop that is no doubt going to be spent on the Gulf coast.
Fire away, NLT readers.