President Bush paid tribute to the victims of Hurricane Katrina Friday and pledged that his administration will find a way to fund the costly reconstruction of the U.S. Gulf Coast.
During a prayer service at Washington's National Cathedral, Mr. Bush noted the storm's greatest hardships fell on the region's poor and elderly. The president said poverty has roots in generations of segregation and discrimination -- and called for the nation to overcome what he described as a "legacy of inequality."
Speaking at the White House later in the day, Mr. Bush said the federal government can fund recovery efforts without raising taxes. Some members of Congress have questioned the government's ability to pay for the recovery, which is estimated to cost at least $200 billion. Mr. Bush said he hopes to offset Katrina's costs through spending reductions elsewhere in the U.S. budget.