slapnose.com

For several years the United States and other nations have pursued the treaty, which would ban new production by any state of highly enriched uranium and plutonium for weapons. At an arms-control meeting this week in Geneva, the Bush administration told other nations it still supported a treaty, but not verification.

Administration officials, who have showed skepticism in the past about the effectiveness of international weapons inspections, said they made the decision after concluding that such a system would cost too much, would require overly intrusive inspections and would not guarantee compliance with the treaty. They declined, however, to explain in detail how they believed U.S. security would be harmed by creating a plan to monitor the treaty.

Arms-control specialists reacted negatively, saying the change in U.S. position will dramatically weaken any treaty and make it harder to prevent nuclear materials from falling into the hands of terrorists. The announcement, they said, also virtually kills a 10-year international effort to lure countries such as Pakistan, India and Israel into accepting some oversight of their nuclear production programs.

(emphasis mine)
The Washington Post