The full transcript for those who can't watch video at work:

"Freedom means freedom for everyone. Many of you know one of my daughters is gay - something we've lived with for a long time in our family. I think people ought to be free to enter into any kind of union they wish, any kind of arrangement they wish. The question of whether or not there should be a federal statue that governs this, I don't support. I do believe that historically the way marriage has been regulated is at the state level. This has always been a state issue. And I think that's the way it ought to be handled today, on a state-by-state basis. Different states that make different decisions. I don't have any problem with that. I think people ought to get a shot at that, and they do at present."

It's kind of jarring for Dick Cheney to be further left on a social issue than the President, right? But he said in the 2000 campaign that it ought to be a state issue, and in 2004 he distanced himself from the proposed Constitutional ban Bush gave throaty support to.

In other news, Obama signed a "Gay Month Procalamation" while notably saying not a peep about same-sex marriage.