Iran Deal Worth More than All U.S. Aid to Israel Since 1948
The Iran deal will provide Iran with a cash windfall as sanctions are eased and assets are unfrozen. The total amount is estimated to be as high as $150 billion. If so, the Iran deal would give more cash to Iran than the $124.3 billion U.S. has given in total aid to Israel since 1948.
The exact amount that Iran would gain through the unfreezing of its foreign assets is a matter of some dispute. The Israeli ambassador has put the number at $150 billion; the Obama administration puts the number at $50 billion, since some of Iran’s assets “have already been obligated, including for projects with China,” the New York Times reports.
Others say the number is higher; Foreign Policy estimated the number at “north of $120 billion,” with an additional $20 billion per year in oil revenues, making the deal worth $420 billion over 15 years.
Jeeezus H Roosevelt KeeeerIST!
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