Josh Earnest Denies $400M Payment to Iran Was Ransom

White House Press Secretary Josh Earnest is batting back strongly at the suggestion that United States' $400 million payment to Iran was ransom.
2:17 | 08/03/16

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Transcript for Josh Earnest Denies $400M Payment to Iran Was Ransom
Once this money grants. No it was not the it is against the policy the United States to pay ransom prosecutors. What like here's this again we tuchman is in January to excellence with eyewitness. There is 88 conscious strategic decision that was made on the part of the Obama administration. As we were. Implementing the deal to prevent Iran from obtaining a nuclear weapon. To resolve other long sitting concerns that we had with Iran and that included. Securing the release of five American citizens had been unjustly detained in Iran. And closing out a long standing financial. Dispute. In a way that saved. The American people potentially billions of dollars. So this all came to a head at the same time. Because we are addressing and resolving longstanding concerns with the running behavior. And the benefits are. Almost too long to mention that the highlights are Iran is not developing a nuclear weapon. Iran is had to scale back significant aspects of their nuclear program Iran released five Americans who are unjustly detained in Iran in soil. And we resolve the 35 year old financial claim with the Iranians in a way that saved Americans. Potentially billions of dollars there are many other benefits we get into as well but does the highlights the bulk of the money. We know has been going to. Shoring up their economic weakness and that's exactly what we predicted what has not happened. And where the critics of the deal get it wrong. Is Iran has not enjoyed hundreds of billions of dollars in sanctions relief. Iran has not been able to use hundreds of billions of dollars in sanctions relief to support terrorism problem it's on machine. People who've made that prediction. Were either badly misinformed or lying to the American public. And I'll leave it to them to explain why their predictions didn't. Come true. It does explain however why they continue to resurface six month old news stories to try to justify their opposition to an agreement. That has benefited the American people. Both financially and when it comes toward national security.

This transcript has been automatically generated and may not be 100% accurate.

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