The Office of Budget Management says that the extension is on the same terms as the original deal, but that's not completely accurate. The original deal for 25 years was for an upfront payment of $1.4 billion and then yearly payments. The 15 year extension does not have that upfront payment though the yearly payments are the same. The equivalent up front payment for the 15 years would be about $840 million, but it is not in the new deal that will be considered tomorrow. (01:10–01:18)
CLAIM
Asserts that the 15-year extension lacks the upfront payment, but maintains the same yearly payments.
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