Oil services firm paid Cheney as VP

REUTERS

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. "

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