Hurricane Katrina:

Former Sen. John Breaux (D-La.) looks at recovery plans, new utility alliance

More than two months after Hurricane Katrina devastated New Orleans, federal and state officials are facing a wide array of challenges, from strengthening the levee system to restoring nearby coastal wetlands. Former Louisiana senator John Breaux (D) explains potential strategies for rebuilding the Gulf Coast and how to pay for the billions of dollars in storm-related expenses. Plus, Breaux talks about a new coalition of electric utilities and their priorities this year before the Federal Energy Regulatory Commission.