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Trouble squaring the circle of US policy on Palestinian statehood

Something I'm genuinely curious about is the public justification for the US veto of Palestinian statehood at the UN security council meeting next week (11 November), and for this week denying $60m to UNESCO as a sanction against the recognition there.  Is there any logical argument that recognition of a party to potential negotiations makes those negotiations either more unlikely or more difficult, or somehow harms the prospect of Middle East peace and security?    
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