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Hurricane Katrina / Rebuilding Cost / New Orleans / Insurance #803281

ABC Evening News for Friday, Sep 16, 2005
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(Studio: Bob Woodruff) The estimated federal budget deficit, including the cost of rebuilding after Hurricane Katrina, cited.

(Capitol Hill: Linda Douglass) President Bush's plan for rebuilding the Gulf coast featured; details given of proposed cuts from some Republicans: delaying Medicare, cutting the highway bill & other programs. [In speech & after, BUSH - speaks about the legacy of inequality; states we have to cut unnecessary spending.] [Potter's House ministry Bishop T.D. JAKES†- speaks about the poor.] [Senator Tom COBURN†- calls for sacrifice.]

(Studio: Bob Woodruff) Report introduced.

(New Orleans: Dan Harris) The battle to rebuild New Orleans with federal dollars examined; scenes shown from the Flood Street neighborhood. [Two RESIDENTS - want the {spending} focus in New Orleans.] [RESIDENT - worries about contract corruption.] [Former Louisiana Senator John BREAUX†- wants financial oversight.] [National Guard SOLDIER - comments.] [Geophysicist Klaus JACOBS†- offers a view on rebuilding.]

(Studio: Bob Woodruff) Findings of a "Washington Post"/Harvard School of Public Health/Kaiser Family Foundation survey on whether people want to move back to New Orleans outlined on screen

(Studio: Bob Woodruff) Statistics on claims the insurance industry will pay & the percentage of homeowners with flood coverage cited.

(Pascagoula, Mississippi: Jim Avila) How the insurance industry is seeing Katrina as two separate events {windstorm & floods} examined; scenes shown of insurance adjusters on the job on the Gulf coast & of wrecked homes; details given of the prospects of a "perfect storm" of lawsuits battling over the semantics of destruction by Katrina. [State Farm catastrophe team manager Robert PHILLIPS†- comments on homes.] [Homeowner Paul LEONARD, attorney Richard SCRUGGS, American Insurance Assn. Julie ROCHMAN†, homeowner Dr. Randy ROTH‡- offer views on the legal issue about the term "flood."]

(Studio: Bob Woodruff) Statistics on Katrina oil spills, the sludge analysis & sewage bacteria cited.

Reporter(s):
Woodruff, Bob;
Douglass, Linda;
Harris, Dan;
Avila, Jim
Duration:
00:08:20

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