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Senate votes 99-0 to DEFY Obama

Senate votes 99-0 to DEFY Obama

by The Analytical Economist via AllenBWest.com

Whether or not the Congress agrees with Donald Trump’s description of the Iran Deal as the worst of all time, they do appear concerned with how much bargaining power we have in the deal.

On Thursday, the Senate unanimously voted 99-0 on a bill that would extend sanctions on Iran for another decade. The measure, known as the Iran Sanctions Extensions Act, was passed by the House 419-1 two weeks prior.

Under the nuclear agreement that took effect in January between Iran and six world powers including the U.S. (obviously), many economic sanctions were suspended or relaxed in exchange for Iran’s verifiable pledges of peaceful nuclear work. As an insurance measure, the deal also contained a “snapback” provision that would allow for the re-imposition of sanctions if Iran were found to have violated the terms.

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