Other than brief mentions on CNN, I haven't see this being covered on television, but the Times-Picayune's web site says that a breach in a levee is allowing Lake Pontchartrain to flow into the city of New Orleans.
An interesting sidelight to this story is that the budget of the New Orleans District of the Army Corps of Engineers was facing a drastic reduction next year. Maybe they'll have to re-think that one.
"Officials of the Army Corps of Engineers have contingencies for levee breaches such as the one that happened Monday, but it will take time and effort to get the heavy equipment into place to make the repair. Breach repair is part of the Corps’ planning for recovery from catastrophic storms, but nobody Monday was able to say how long it would take to plug the hole, or how much water would get through it before that happened."
An interesting sidelight to this story is that the budget of the New Orleans District of the Army Corps of Engineers was facing a drastic reduction next year. Maybe they'll have to re-think that one.