Stephenson stepped in, Armey says, because he "was concerned I was going to resign (from FreedomWorks) and sue them before the (presidential) election. He didn't want an uproar. We all understood if I take any action that made it at all public it would be a press nightmare and we didn't want that before the election…
"So Dick was saying, 'You know, Armey, my family and I have heard your story, about how you can't afford to retire and we want to help with your retirement,'" Armey said.
The former leader of the House Republicans said it was a deal he just couldn't refuse.
"I can't stay here (FreedomWorks), I can't work with people like this, and I can't afford to leave with empty pockets," Armey said.