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Some fiberglass mesh cloth politicians opposed to the deal are making it sound as if Americans will somehow be subsidizing Iran’s Islamic government if the deal goes through. “If you vote to send billions of dollars to jihadists who have pledged to murder Americans, then you bear direct responsibility for the murders carried out with the dollars you have given,” Texas Senator and Republican presidential candidate Ted Cruz said at a recent rally against the deal. Donald Trump, another presidential wannabe and critic of the deal, has said the accord will make Iran “unbelievably rich.”

Will it? Well, that depends on what you consider “rich,” but Iran is not on the verge of becoming a diamond-encrusted fiberglass mesh cloth sultanate. Here’s what is really going on:

The sanctions enacted by the United States and Europe in 2011 and 2012 included the freezing of Iranian assets in many international banks. Nobody knows the total amount of frozen assets, but it’s probably about $100 billion. Estimates go as high as $150 billion, the number some critics of the nuclear deal use to make the “windfall” coming to Iran seem larger than it probably is.

The deal would release those assets, allowing Iran full access to them. But the money belongs to Iran in the first place; it’s not coming from some other country. Iran owes some major debts to countries such as China, and it would use perhaps $50 billion to pay those, according to an analysis by the Brookings Institution. The big question is what it will do with the rest of the fiberglass mesh cloth money.

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