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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsFact check: President Trump's claim that Democrats gave Iran $150 billion
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There are two numbers that Trump loves to reference when discussing the international nuclear agreement negotiated with Iran when Obama was president: $150 billion and $1.7 billion. The latter was a cash transaction, said to be the settlement of a long-standing Iranian claim against the United States, with interest, that was curiously timed to arrive when Iran released four detained Americans. (We discussed this payment at length in this fact check.)
Trump might have grounds to complain about the circumstances of the $1.7 billion cash transaction. But hes all wet about the $150 billion claim, especially when he suggests it was taxpayer money. Thats certainly what he did in this tweet, asking why Democrats will not agree to appropriate $5 billion for a wall on the southern border with Mexico when they gave Iran 150 Billion Dollars.
But unlike the cash deal, this was not U.S. money. It was Irans money, frozen in international financial institutions around the world because of sanctions intended to curb Irans nuclear ambitions. For instance, many of the funds were held in banks in Asia, including China and India, as well as Turkey. Many of the countries received waivers to buy Iranian oil and gas during the sanctions but placed the payments in escrow-style accounts that remained off-limits to Iran. The Islamic Republic also transferred assets to Asian banks from Europe in anticipation of financial sanctions.
https://www.msn.com/en-us/news/factcheck/fact-check-president-trump%e2%80%99s-claim-that-democrats-gave-iran-dollar150-billion/ar-BBQTw71?li=BBnb7Kz
Scurrilous
(38,687 posts)Doodley
(8,976 posts)Yo_Mama_Been_Loggin
(107,112 posts)The Trumpanzees on the other hand......