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New Orleans During Hurricane Isaac
Photography by Getty Images

 

Hurricane Isaac may have just weakened to tropical storm status, but Louisiana residents continue to brace themselves as the water flows over the levees in Plaquemine Parish, and high winds and rain water continue to barrel down on the city and its surrounding areas.

CNNMoney is already reporting that the storm could cost $1.5 billion in damage, and there are currently 725,000 people without power across Louisiana, Alabama, Arkansas, Mississippi and Texas. READ MORE

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