U.S. Senator Charles E. Schumer today announced he is supporting new legislation that would impose economic pressure on Iran if international negotiations do not yield a final nuclear deal by the P5+1 June 30th deadline. The legislation, the Nuclear Weapon Free Iran Act of 2015 (S.269), was introduced by U.S. Senators Mark Kirk (R-Ill.) and Robert Menendez (D-N.J.). The legislation also imposes a Congressional review period of 30 continuous session days in the event of a final deal.
A total of 16 Senators, including Schumer, will co-sponsor the Kirk-Menendez legislation, including: Senators Mark Kirk (R-Ill.), Robert Menendez (D-N.J.), Chuck Schumer (D-N.Y.), Mitch McConnell (R-Ky), Kelly Ayotte (R-N.H.), Richard Blumenthal (D-Conn.), Dan Coats (R-Ind.), Gary Peters (D-Mich.), Marco Rubio (R-Fla.), Joe Manchin (D-W.V.), Lindsey Graham (R-S.C.), Joe Donnelly (D-Ind.), Ted Cruz (R-Texas), Bob Casey (D-Pa.), Richard Burr (R-N.C.) and Roy Blunt (R-Mo.).
The negotiations with Iran, which involve the P5+1 countries (United States, United Kingdom, France, Russia, China, and Germany), were extended in November 2014 to a deadline of June 30, 2015.
"Now is the time for Iran to make a deal -- one that prevents it from developing a nuclear weapon. If they don't, the hammer of new sanctions will come down quickly, and that's why I am co-sponsoring new bipartisan sanction legislation," said Senator Schumer. "The only way Iran will voluntarily stop their march for nuclear weapons is if they know that tougher and tougher sanctions will be enacted."
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