by JOEL B. POLLAK | Breitbart  |  published on July 28, 2015

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.

If “north of $120 billion” is the best estimate, that would equal or surpass the total amount of U.S. aid to Israel since the country has been in existence, which the Congressional Research Service calculated to be $124.3 billion (in nominal terms) as of 2015. Even at the Obama administration’s low estimate, the cash freed to Iran by the deal would surpass total U.S. aid to Israel for the past 15 years, at minimum (roughly $3 billion per year).

  • Richard Schwartz

    I am convinced the whole Iran deal was about the money. The bomb can be purchased from a number of countries. They need the money. Iran has many problems like water and people getting educated. Condition of infrastructure and condition of oil wells that are in need of repair. Remainder of neighbors who will purchase theirs. Have a number of nations in region that will purchase. Then of course their is Israel who is aligning with arab nations against Iran. How many wars has Israel lost?
    Keep in mind that the following can be sabotaged. Air supply,water supply, sewage, electricity, supplies and of course computers that are being hacked.

  • graylens

    Obama has undermined and destroyed 70 years of attempted nuclear non proliferation policy, and by sponsoring the worse possible nation in iran. iran will export nukes as it exports terrorism. Remember one does not need a fancy bomb and missiles, Finely ground plutonium etc is good enough to kill

    • S Jenika

      The USA and Israel are the terrorists. They create and sustain wars. Iran has never invaded and occupied another country. Put on your smart glasses if you have any.

  • I Seigel

    What an idiotic “news” story.

  • H.M.Stumpf

    We are hoping that obama will stay in his homeland, he is a spear thrower not a president.

  • Dudley DoRight.

    . .

Google Analytics Alternative