Earlier quoted context omitted.
If they weren't going to use the plutonium immediately, reprocessing was stupid. Spending the money they didn't have to, in order to make Pu they didn't need, just to have the Pu sit around, made no economic sense. And no, it doesn't improve the economics of waste disposal. Understand where reprocessing came from. Way back then, the story was that nuclear was going to be dirt cheap, but would ultimately be limited by…
Again, the point isn't to save money. The point is to reduce waste.
But let's stipulate that they want to destroy the waste. What's the cheapest way to do that? If they wait to reprocess the fuel, and destroy the actinides in the future, it comes out cheaper than if they reprocess now. That's because reprocessing, and developing and building fast reactors, is quite expensive, and the net present value of that cost is minimized by moving it off into the future. Moreover, reprocessing becomes easier as the fuel cools off.
So, reprocessing NOW is a pointless waste of money, even if ultimately you want to do it. The ONLY reason you'd want to reprocess now was if you needed the actinides now for use in energy generation. And no one needs them for that.