KING: You learn a lot about an administration, especially a new administration, when it puts forward its first budget: $3.6 trillion, that’s a lot of money. And as you know, it would redirect a lot of the government’s priorities — essentially, President Obama has said almost every day, what he has said is a repudiation of many of the priorities you have.
When you look at that budget — $3.6 trillion, redirecting the government’s resources in health care, in energy, in the environment; also, a pretty large $1.75 billion [sic] deficit the first year out — do you think that is consistent with what he promised in the campaign, or do you think he’s overreaching his mandate?
CHENEY: Well, I didn’t like what he promised in the campaign. I frankly disagreed with it. And obviously, they won the election. He’s the president of the United States. He gets to put forward the program he wants. But those of us who are of the other political faith, obviously, get to comment on it and try to improve on it and suggest alternatives.
And, frankly, I think the programs that he’s recommended and pursuing in health care, in energy, and so forth, constitute probably the biggest or one of the biggest expansions of federal authority over the private economy in the history of the republic.
[…]
KING: As you know, there’s a debate in this town about whether the president is trying to do too much, too fast. This is The Sunday Ledger-Enquirer in Columbus, Georgia, and a Knight Ridder story here about, “Is Obama trying to do too much too fast?”
You have a unique perspective. You have been the White House chief of staff. You served in the Congress in the minority party. You were in the cabinet in the first Bush administration and then vice president for eight years. I know you don’t like a lot what he is trying to do, but if young Richard Cheney was in the chief of staff’s office down the hall from President Obama, not Rahm Emanuel, would you be saying, Mr. President, you’re trying to do too much, too fast? Or, given that he wants to do so many things — and at the moment he is quite popular — would you say, you know what, it’s a little risky, but let’s go?
CHENEY: Well, that’s somewhat analogous to the situation we had. We came in after probably the closest election in history, a five-week recount of the Florida vote. And we got a lot of advice at the time that we should change our program because the election had been so close. The president, rightfully, I thought, rejected that and said, “Look, this is what I ran on. We’re going to improve our military capabilities, we’re going to cut taxes, we’re going to do No Child Left Behind,” and we did it. We did not allow the critics to diminish what we were trying to accomplish. So from the standpoint of what the Obama administration is trying to do, I can’t argue that they should pace it or anything like that. I think that’s — those are all tactical calls they’ve got to make. What’s much more important is the substance of what they recommend, and that’s what I disagree with.
KING: You disagree with it. I want to show you one more newspaper headline in this segment. This is a newspaper many Americans might not recognize, but I read it, and I know you read it.
CHENEY: Human Events.
KING: It’s the conservative weekly Human Events. And in the lead article this week, they call it “Obama’s brazen deception to sell agenda.” Essentially the point you just made — that they have, under the umbrella of an economic crisis — you must support us, there is urgency to act now — that they are putting, in this newspaper’s view, a lot of items like health care, like the environment, other priorities and saying, we have to do this all now. Is the president of the United States trying to brazenly deceive the American people?
CHENEY: Well, I think they’ve taken liberties, if you will, with the arguments. Given the importance to the country and to all of us of having a healthy economy and getting the economy back on track, it seems to me an administration does have an obligation to set priorities and go after that first. It also occurs to me that one of the tools that’s most important to doing that is tax policy and cutting taxes, especially for those who invest and create wealth and create jobs. That’s not what we’re seeing.
[…]
KING: Well, since taking office, President Obama has done these things to change the policies you helped put in place. He has announced he will close the Guantánamo Bay detention facility. He has announced he will close CIA black sites around the world, where they interrogate terror suspects. Says he will make CIA interrogators abide by the Army Field Manual, defined waterboarding as torture and ban it, suspend trials for terrorists by military commission, and now eliminate the label of “enemy combatants.”
I’d like to just simply ask you, yes or no: By taking those steps, do you believe the president of the United States has made Americans less safe?
CHENEY: I do. I think those programs were absolutely essential to the success we enjoyed of being able to collect the intelligence that let us defeat all further attempts to launch attacks against the United States since 9-11. I think that’s a great success story. It was done legally. It was done in accordance with our constitutional practices and principles. President Obama campaigned against it all across the country. And now he is making some choices that, in my mind, will, in fact, raise the risk to the American people of another attack.
KING: That’s a pretty serious thing to say about the president of the United States —
CHENEY: Well —
KING: — and commander in chief of the military. So I want to give you a chance, because many people will say, Vice President Cheney just said Barack Obama, President Obama is making us less safe, more at risk, which you just said. I want to give you a chance — and take as much time as you want — to prove it. Because you put that list up there, and I know you say there have been three cases, I believe, of waterboarding in the past, and you say that specific things have been prevented. I know some of this is classified intelligence, but now that you’re out of government, to the degree that you can, tell the American people, because of those tactics, because of those, yes, sometimes extreme tactics, we stopped this.
CHENEY: Well, I would say that the key to what we did was to collect intelligence against the enemy. That’s what the terrorist surveillance program was all about, that’s what the enhanced interrogation program was all about.
KING: But another 9-11, because of a tactic like waterboarding or a black site, can you say with certainty you stopped another attempt to do something on that level?
CHENEY: John, I’ve seen a report that was written based upon the intelligence that we collected then that itemizes the specific attacks that were stopped by virtue of what we learned through those programs. It’s still classified. I can’t give you the details of it without violating classification, but I can say there were a great many of them.
The past few weeks have been tough for RNC chairman Michael Steele, who is facing conservative disappointment and outrage over comments 
