Miscalculation: Iran Gets Twice As Much In Sanctions Relief, State Department Blames Treasury Department

The White House has been claiming Iran, as part of the nuclear deal with the Obama administration, would only get access to $50 billion immediately but it turns out that number was off by a lot.

---

Iran is now claiming they’ve gained access to $100 billion in frozen assets. What accounts for the difference? According to Marie Harf, senior advisor for strategic communications to Secretary of State John Kerry, the Treasury Department’s bad math is to blame. In a Twitter exchange with a reporter for the Wall Street Journal, Harf blamed Treasury for the miscalculation. More...

---