Yucca Mt. was designated in 1987, was to have opened in 1998, now may open in 2017.
Much research and construction has been done at the site at considerable expense, but there are many problems and considerable opposition from: Native Americans, Nevada, environmentalists and Obama, etc.

Lacking an operating repository, however, the federal government owes to the utilities somewhere between $300 and $500 million per year in compensation for failing to comply with the contract it signed to take the spent nuclear fuel by 1998.[6]

For history of disposal and problems with this chosen site, see:

http://en.wikipedia.org/wiki/Yucca_Mountain#Impacts