Eli Lake uncovers the latest Iran scandal:
One of the unexpected results of President Barack Obama’s new opening to Iran is that U.S. taxpayers are now funding both sides of the Middle East’s arms race. The U.S. is deliberately subsidizing defense spending for allies like Egypt and Israel. Now the U.S. is inadvertently paying for some of Iran’s military expenditures as well.
It all starts with $1.7 billion the U.S. Treasury wired to Iran’s Central Bank in January….
For months it was unclear what Iran’s government would do with this money. But last month the mystery was solved when Iran’s Guardian Council approved the government’s 2017 budget that instructed Iran’s Central Bank to transfer the $1.7 billion to the military.
Saeed Ghasseminejad, an associate fellow at the Foundation for Defense of Democracies, spotted the budget item. He told me the development was widely reported in Iran by numerous sources including the state-funded news services.
It is important to note that this is above and beyond the $100 billion (or whatever the number turns out to be) that Iran has received or will receive in unfrozen assets. These are US taxpayer dollars: