Appearing on CNN, John Kerry defended the unfreezing of billions of dollars sent to Iran during the Obama era by claiming the money wasn’t used directly to fund missiles but instead to pay back “billions upon billions of dollars” of debt.
However, his own explanation makes it clear that the billions of dollars unfrozen by the Obama administration greatly improved the overall financial health of Iran in that if the funds were not unfrozen they would not even have been able to have repaid their billions upon billions in debt.
We gave them a little bit of money that was released at that period of time, not that was part of the nuclear arrangement. But the fact is the IRGC had all the money it wanted. The IRGC wasn’t starving at that time and in fact Iran owed billions upon billions of dollars.
Most of that money went to pay off their debts and to facilitate their economic initiative. So it’s just not true that that money specifically directly went to the IRGC. Money is fungible in any budget. The IRGC had its funding; they had its missiles long before we made any kind of arrangement with Iran.
This article first appeared on TheConservativeOpinion.com