Apr 20, 2016 04:20 AM EDT

Saudi Arabia Warns Of Business and Jobs Fallout If US Congress OKs 9/11 Bill

Saudi Arabia has recently warned the U.S. government and its lawmakers that it will sell off American assets worth hundreds of billions of dollars held by the kingdom if the U.S. Congress passes a bill that could point to the Middle Eastern government as a responsible party for the attacks on 9/11.

If this happens a lot of businesses and hundreds or even thousands of jobs would be affected.

The administration of President Obama has lobbied Congress to block the passing of the bill, said congressional aides and administration officials from the Democrats and Republicans.

In the past couple of weeks, Saudi Arabia's threat has been in the center of heated discussions between State Department, Pentagon officials and members of Congress. Administration officials warned lawmakers that this could have an adverse effect on US businesses and their respective workers.

This particular bill gained wide support from both the Democrats and the Republicans, but not with the White House.

As a lead-in to the bill, CBS aired a report last week about the redacted or missing 28 pages of the 9/11 Commission report. Some say that those missing pages might point to the participation of Saudi Arabia in the 9/11 attacks.

Bob Graham, a former Democratic senator and also a former governor of Florida reiterated his long-held belief that the 28 missing pages need to be declassified.

These missing pages were locked away in a secret vault for 13 years and were seen only by a select few. The CBS report enabled the public to hear some of the people who have seen and read these pages. They believe, the same way that families of 9/11 victims think, that these pages should be opened to the public.

The foreign minister of KSA, Adel al-Jubeir, delivered his country's message personally to Washington in his trip last month, warning that they would sell as much as $750 billion dollars of assets in the United States before they are frozen by American courts.

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