On the recordJuly 20, 2000
I represent a western gold mining State. I have just returned recently from examining the Brohm site in the beautiful Black Hills of South Dakota where the Brohm Mining Company has gone bankrupt with approximately a $5 million bond. That site has now been declared a Superfund site. It is now going to cost the Federal taxpayers approximately $27 million because of the inadequacy of the bond at this site. It is going to cost the taxpayers of the State of South Dakota in perpetuity tens of millions of dollars to monitor the streams and the environment around that bankrupt site. Is the Senator telling us that without the amendment he is offering here, we will continue to see these inadequate bonds and these costs being shifted to the taxpayers to pick up the cost of mining companies--oftentimes foreign mining companies--that have spoiled our land and then walk on?
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