“When I look at the Iran deal and how bad a deal it is for us, it’s a one-sided transaction where we’re giving back $150 billion to a terrorist state, really, the number one terror state.”

–Donald Trump

Trump always makes it sound like this is U.S. taxpayer money — and he always uses a too-high estimate. Because of international sanctions over its nuclear program, Iran had billions of dollars in assets that were frozen in foreign banks around the globe. With sanctions lifted, in theory those funds would be unlocked.

But the Treasury Department has estimated that once Iran fulfills other obligations, it would have about $55 billion left. (Much of the other money was obligated to illiquid projects in China.) For its part, the Central Bank of Iran said the number was actually $32 billion, not $55 billion.