Money & Politics with Larry Kudlow

'Grave doubts' about Obamacare: Cheney

VP Cheney: Like to see Obamacare repealed

Former Vice President Dick Cheney is less than optimistic about the Affordable Care Act.

"I have grave doubts," Cheney said in a one-on-one interview on CNBC's "The Kudlow Report" on Wednesday. "If you can't even set up the website, what else is there that's flawed in the system?"

The Department of Health and Human Services released data Wednesday showing that fewer than 27,000 Americans had signed up for insurance coverage through between Oct. 1 and Nov. 2. The administration has not yet released a statement on the estimated millions who have received notices of plan cancellation.

(Read more: Obamacare rollout numbers much worse than expected)

"We've got millions of people, now their policies are being lifted," Cheney said. "They were told they could keep their policy; it turns out they can't."

Former U.S. vice-president Dick Cheney
Getty Images

Cheney said these cancellations were no surprise to the administration.

"They knew that," he said. "They had to know that when they wrote the darn law."

Cheney agreed with former President Bill Clinton's remarks that President Barack Obama should abide by his commitments and promises to let the American people keep their plans if they like them.

"I don't always agree with Bill Clinton, but I think he is right," Cheney said. "I'd like to see the darn thing repealed and start fresh."

Congressional Democrats, particularly those up for re-election in 2014, are putting pressure on the Obama Administration to fix the law's problems fast.

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Cheney: 'I was toast'

Although President Obama won't face another election cycle, Cheney acknowledged the law's problems have had an impact on the President's credibility and approval ratings, but said Republicans should be concerned about their own poll numbers as well.

"Go back to 2004, George Bush and I carried 44% of the Hispanic vote," he said. "We've got to be able to do that again. That's a constituency that I think ought to be Republican. They're primarily conservative, family-oriented, solid values, good work ethic."

But Cheney dismissed tensions within the GOP.

"I'm for one, am glad that battle is taking place inside the Republican Party."

Ultimately, Cheney said, Republicans have a right to be "fed up with the current state of affairs."

"We've got the most radical president we've ever had in our history," he said. "I think what Barack Obama stands for and represents, I fundamentally disagree with just about everything."