Monday night, I posted a clip from Meet the Press where Dick Cheney stated that he no longer has any financial ties to Halliburton. Guess I wasn't the only one who noticed that wasn't exactly true.

Now Senators Daschle and Lautenberg are demanding hearings investigating the no-bid contracts. They also did me the favor of producing the exact numbers I asked for.

Oil services firm paid Cheney as VP
In Reuters.

"The vice president needs to explain how he reconciles the claim that he has 'no financial interest in Halliburton of any kind' with the hundreds of thousands of dollars in deferred salary payments he receives from Halliburton," Daschle said in a statement.

On NBC's "Meet the Press" Sunday, Cheney, who was Halliburton's CEO from 1995 to 2000, said he had severed all ties with the Houston-based company.

"I have no financial interest in Halliburton of any kind and haven't had now for over three years," he said.

Cathie Martin, a Cheney spokeswoman, confirmed that the vice president has been receiving the deferred compensation payments from Halliburton, but she disputed that his statements on "Meet the Press" had been misleading.

Cheney had already earned the salary that was now being paid, Martin said, adding that once he became a nominee for vice president, he purchased an insurance policy to guarantee that the deferred salary would be paid to him whether or not Halliburton survived as a company.

"So he has no financial interest in the company," she said.

But Lautenberg said Cheney's financial disclosure filings with the Office of Government Ethics listed $205,298 in deferred salary payments made to him by Halliburton in 2001, and another $162,393 in 2002. The filings indicated that he was scheduled to receive more payments this year and in 2004 and 2005.

"In 2001 and 2002, Vice President Cheney was paid almost as much in salary from Halliburton as he made as vice president," Lautenberg said.

The vice president's salary is $198,600 annually.

Here is the full text of the article in case the link goes bad:

http://www.azstarnet.com/star/wed/30917Ncheney.html

Oil services firm paid Cheney as VP
REUTERS

Dick Cheney

WASHINGTON - Vice President Dick
Cheney, a former CEO of Halliburton Co., has received hundreds of thousands of dollars from the company since taking office while asserting he has no financial interest in the company, Senate Democrats said Tuesday.

The Democrats demanded to know why Cheney claimed to have cut ties with the oil services company, involved in a large no-bid contract for oil reconstruction work in Iraq, when he was still receiving large deferred salary payments.

Senate Democratic Leader Tom Daschle of South Dakota and Sen. Frank Lautenberg, D-N.J., said the revelations reinforced the need for hearings about the no-bid contracts Halliburton received from the Bush administration.

"The vice president needs to explain how he reconciles the claim that he has 'no financial interest in Halliburton of any kind' with the hundreds of thousands of dollars in deferred salary payments he receives from Halliburton," Daschle said in a statement.

On NBC's "Meet the Press" Sunday, Cheney, who was Halliburton's CEO from 1995 to 2000, said he had severed all ties with the Houston-based company.

"I have no financial interest in Halliburton of any kind and haven't had now for over three years," he said.

Cathie Martin, a Cheney spokeswoman, confirmed that the vice president has been receiving the deferred compensation payments from Halliburton, but she disputed that his statements on "Meet the Press" had been misleading.

Cheney had already earned the salary that was now being paid, Martin said, adding that once he became a nominee for vice president, he purchased an insurance policy to guarantee that the deferred salary would be paid to him whether or not Halliburton survived as a company.

"So he has no financial interest in the company," she said.

But Lautenberg said Cheney's financial disclosure filings with the Office of Government Ethics listed $205,298 in deferred salary payments made to him by Halliburton in 2001, and another $162,393 in 2002. The filings indicated that he was scheduled to receive more payments this year and in 2004 and 2005.

"In 2001 and 2002, Vice President Cheney was paid almost as much in salary from Halliburton as he made as vice president," Lautenberg said.

The vice president's salary is $198,600 annually.