Great news for the GOP:
SCHIEFFER: Rush Limbaugh said the other day that the party would probably be better off if Colin Powell left and just became a Democrat. Colin Powell said Republicans would be better off if they didn’t have Rush Limbaugh out speaking for them. Where do you come down [on this]?
CHENEY: Well, if I had to choose in terms of being a Republican, I’d go with Rush Limbaugh, I think. I think my take on it was Colin had already left the party. I didn’t know he was still a Republican.
SCHIEFFER: So you think that he’s not a Republican?
CHENEY: I just noted he endorsed the Democratic candidate for president this time, Barack Obama. I assumed that that is some indication of his loyalty and his interest.