Katrina's Price Tag: $300 Billion?

One storm could end up costing almost as much as two wars. Although estimates of Hurricane Katrina's staggering toll on the treasury are highly imprecise, costs are certain to climb to $200 billion in the coming weeks. The final accounting to the U.S. Treaaury alone could approach the more than $300 billion spent in four years to fight in Afghanistan and Iraq.

That does not include the private costs to be paid for rebuilding, nor the costs to state and local governments.

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