We started off by talking about what seems to be on everyone’s mind of late’”oil. I asked the Vice-President about the White House’s stiffer financial sanctions on Iran, and whether this might lead to a boycott or stoppage of Iranian oil exports. He left that door open. He didn’t want to speculate, but he did leave the clear impression that if it leads to that, so be it. I followed up by asking whether the Strategic Petroleum Reserve could come into play. He said only in the event that there were oil disruptions. We also talked about what price oil could potentially affect the economy.
We discussed Charlie Rangel’s new ‘mother of all tax reform’ bill, as well as Hillary Clinton’s ‘trap-door’ campaign message that the middle class is being squeezed. (He was not keen on either.)
Overall, Mr. Cheney seemed rather optimistic and upbeat about the state of the U.S. economy.
Please join us on CNBC tonight at 7pm ET to catch the entire interview.