President Trump was right to call reports of a $300 billion reconstruction fund for Iran “fake news.” He should keep calling them that until the idea is dead, buried and impossible to revive under another name. Vice President JD Vance has sought to reassure skeptics about the plan. “The Iranians are not receiving any cash, and no funds are being released for simply signing a deal or attending a meeting,” the Vice President said this past weekend.
Vance then said economic benefits would flow only if Tehran meets its obligations under a future agreement. That is better than a blank check, but its suggests a $300 billion is still in the works and part of the Memorandum of Understanding (MOU) that starts a 60-day ceasefire. Here’s the central question: why should Iran receive access to any reconstruction fund let alone one with $300 billion? The floated proposal makes no sense. Worse, it is dangerous.
