At the request of the staff to the Blue Ribbon Commission on America’s Nuclear Future (“BRC”), we have reviewed whether certain recommendations in the BRC’s July 29, 2011 Draft Report respecting near-term actions by the Department of Energy (“DOE”) or other officers or agencies in the Executive Branch can be implemented under existing law. These recommendations relate to:
(1) Initial steps to site, license and construct consolidated interim storage facilities for spent nuclear fuel (“spent fuel”);

The paper discusses issues and options for improving the budgeting and financial management
of the Nuclear Waste Fund (NWF). The issues and options would facilitate implementation of
any changes in program scope and content, or any changes in organization and management
structure. .
The three issues for possible administrative action include:
1. Instituting financial management enhancements to foster multi-year budgeting and
appropriations; combined accrual and cash budgeting; and separate capital budgeting;

This report is in response to the directive of the House Appropriations Subcommittee for Energy and Water
Development that the Department of Energy (DOE) update a 1984 report of alternative means of financing and
managing (AMFM) the Office of Civilian Radioactive Waste Management (OCRWM) in the DOE. The
President’s FY 2002 budget also stated: “DOE will submit to Congress an updated report regarding alternative
approaches to finance and manage the program by June 30, 2001[.] DOE will identify in this report models of

o Request: The current balance of the Nuclear Waste Fund (NWF).
o Response: The balance of the Nuclear Waste Fund $24.56 billion as of November 2010. (Source: U.S. DOE OCRWM Annual Financial Report for Years Ended September 30, 2010 and 2009)
o Request: The NWF fee projections of future fee receipts.

Dear Co‐Chairs and Members of the Joint Select Committee: The Blue Ribbon Commission on America’s Nuclear Future was established by the Secretary of Energy at the direction of the President to review policies for managing the back end of the nuclear fuel cycle and recommend a new strategy. We are pleased to be serving as Co‐Chairmen of the Commission, and we are writing to you to highlight an important action we believe should be reflected in your Committee’s baseline budget projections as you craft a bipartisan plan for reducing the national budget deficit.

Dear Mr. President:
At your direction, the Secretary of Energy established the Blue Ribbon Commission on
America’s Nuclear Future to review policies for managing the back end of the nuclear
fuel cycle and recommend a new strategy. We are pleased to be serving as Co‐
Chairmen of the Commission, and we are writing to you to highlight an important action
we strongly believe should be reflected in your Fiscal Year 2013 baseline budget
projections.
In our draft report to the Secretary, issued in July of this year, the Commission