The high pressure power steering hose will commonly leak fluid; it should be replaced.Google+
Car Problem Reports
Pontiac Grand Am High Pressure Power Steering Hose Can Leak Fluid
Pontiac Grand Am Problem
Visitor, 1990 Pontiac Grand Am, 140,000 mi
Power steering pump started making terrible noise and it was difficult to steer. Had it checked, low on fluid, mechanic recommended a stop leak. Helped briefly. Then it got to the point that fluid was leaking out as fast as I poured it in. Finally took to another garage, it was vacuum compression hose that was leaking. $250 to fix.