Roger Wicker: “My proposal, which we are calling the COASTAL Act, would not add wind to the Flood Control Program.”

The $300 billion fund for the reconstruction and economic development of Iran — though not funded by U.S. taxpayers — would make Iran’s payoff under President Obama’s 2015 deal look like a pittance by comparison.

This funding is essential. It would accelerate immediate production of key capabilities, from exquisite munitions to low-cost hypersonics, strike weapons and drones.

The Iranian regime has not renounced its ultimate goal — ‘Death to America, Death to Israel.’ The regime will invest every penny it receives to further that aim.

I also oppose the U.S. lifting any sanctions on Iran, or unfreezing Iranian funds, in exchange for Iran’s mere agreement to negotiate for another 60 days.