The outgoing vice president also disputed former Bush adviser Karl Rove's recent comments about the decision to go to war in Iraq.
While discussing Bush's legacy earlier this month, Rove said he did not believe the administration would have gone to war had intelligence revealed Saddam Hussein did not possess weapons of mass destruction.
"I disagree with that," Cheney said Monday. "As I look at the intelligence with respect to Iraq, what they got wrong was that there weren't any stockpiles."
"What they found was that Saddam Hussein still had the capability to produce weapons of mass destruction. He had the technology, he had the people, he had the basic feed stock."
Cheney added that, given Saddam Hussein's capabilities, reputation and track record of brutality, "this was a bad actor, and the country's better off, the world's better off with Saddam gone, and I think we made the right decision, in spite of the fact that the original NIE was off in some of its major judgments."
ABC News' Kate Barrett contributed to this report.
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