Take a look:
http://online.wsj.com/article/SB10001424052748704804204575069301926799046.html?mod=WSJ_hpp_MIDDLENexttoWhatsNewsThird

Yucca Mountain has been more or less shut down due to lack of funding.  The French have been remanufacturing spent nuclear fuel rods for many many many years, there is no reason why we can't do it to.

 I am a for everything guy where it works, so this was a welcome thing for me.

I've been a proponent of nuclear power for decades. With a well-engineered facility, nuclear power is safe, clean, and abundant. As for what to do with the spent fuel rods, it has been rediculously stupid that the US is not reusing valuable spent fuel rods. Burrying them in the desert is wasting valuable energy.

[rant] As for what to do with the long-term disposal of the unusable waste products, we spent $9 billion on developing the Yukka Mountain Complex, only to have congress defund it due to political pressure from Senate Majority Leader Harry Reid of Nevada. (one of the reasons I can't stand that he's one of my two senators) So now we're going to have spend billions more to find a new location that is as equally suited as someplace right next to where we've already dropped 100 actual live nukes on and detonated over 900 more underground for 40 years. [/rant]

YMMV as always.