A Cape May Spouter claims that Biden "handed" $6 billion to Iran

AdBlock Detected!

Thank you for reading & participating.

Spout Off is funded by advertising.

Please disable or pause your ad blocker to continue.

Avalon - A Cape May Spouter claims that Biden "handed" $6 billion to Iran. The Spouter is oblivious to the facts. Fact: The money was not U.S. taxpayer dollars, it was Iranian money that was unfrozen as part of a prisoner swap. Fact: The money was in South Korean banks in accounts that were set up for the deposit of Iranian oil sales proceeds. Fact: Trump tried to gain the release of the money for humanitarian purposes, but was denied because the banks feared violating sanctions that Trump himself imposed on Iran. Fact: Biden agreed to release the funds only if used for humanitarian needs in Iran.

Print Publication Date: 
10/25/2023