TITLE

GAO advises monitoring of Superfund performance

AUTHOR(S)
Hofmann, Mark A.
PUB. DATE
September 2003
SOURCE
Business Insurance;9/8/2003, Vol. 36 Issue 36, p45
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The U.S. Environmental Protection Agency (EPA) should develop specific indicators to measure the Superfund program's performance, the General Accounting Office (GAO) recommended in a report released last Tuesday. In "Superfund Program: Current Status and Future Fiscal Challenges," the GAO noted that the Superfund trust fund revenues from taxes, cost recoveries, interest, fines and penalties declined from about $2 billion in fiscal 1995 to less than $370 million in fiscal 2002. That has meant that the Superfund trust fund which pays for cleaning up hazardous waste sites has had to rely on appropriations by Congress because the program's ability to collect special Superfund taxes expired in 1995 and has not been renewed. Because of the funding challenges facing the program, the EPA should develop indicators to measure how well the program is working, according to the GAO.
ACCESSION #
10822241

 

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