CNS News posted a story today stating that the Obama Administration has allowed the transfer of $550 million in Iran’s frozen oil revenues to the country under an interim nuclear deal. Wait a minute. Congress just cut $6 million from the federal budge (the cut was obtained by cutting the cost of living allowance on military pensions) because we needed to cut the budget. Where did this $550 million come from?
The article states:
The money is the first installment of $4.2 billion in blocked oil funds that were to be made available to Iran under the nuclear deal signed in November. Iran received limited sanctions relief in exchange for agreeing to curb its nuclear activities.
So we are transferring millions of dollars to Iran while Iran is saying they will not stop their nuclear weapons program. In what world does this make sense?
