Former President Bill Clinton discussed his new status as grandfather during a visit to Ellen DeGeneres' talk show. The two also discussed future political possibilities his wife, former U.S. Sen., Secretary of State and First Lady Hillary Clinton, might be eyeing.

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Credit: Jennifer Brett

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Credit: Jennifer Brett

Here are excerpts from the interview that the show, which airs at 4 p.m. weekdays on WXIA, provided.

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Credit: Jennifer Brett

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Credit: Jennifer Brett

"I'll tell you because I'm always campaigning for the parties to get together and agree on something: President (George W.) Bush 43 became a grandfather just a few weeks before I did," Clinton said.

"He told me something on which there was complete agreement. He said, the most important thing you have to remember when you become a grandfather is, you immediately fall to last place on the family hierarchy."

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Credit: Jennifer Brett

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Credit: Jennifer Brett

Ellen figured that just in case Charlotte becomes "First Baby," she would need a presidential ride tricked out just for her. Clinton noted that it's a Cadillac - made in America!