Obama's latest scam - collects $31 billion of your money to build Nuclear Waste facility that he never intends to build!

The charge started back in 1983 to eventually fund a facility that would process what is now estimated at around 70,000 metric tons of very radioactive spent fuel. At present the waste is still at nuclear reactors across the United States.

The charge yielded $750 million each year or $43 billion in all. Washington has not said what it plans to do with the funds already collected. Michigan Public Service Commissioner Greg White said:

A trust fund contains about $31 billion of the fees collected and is collecting interest so if a storage facility is planned in the future there will be significant start-up funding. An initial twelve billion was spent trying to develop a facility in Yucca Mountain Nevada. However, after opposition to the project it was stopped by the Obama administration.

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