Bill Clinton: “The answer is there will probably have to be some changes in the Social Security system, and what we need to do is to…”

“The answer is there will probably have to be some changes in the Social Security system, and what we need to do is to preserve its integrity in the same way we did in 1983. In 1983 we had a bipartisan commission representing all the various interests in the country. They came up with a proposal, and they implemented it. Now, then they did raise the payroll tax, but if you look at it now it's a long way--this system is solvent till 2019. And so we can make some changes now that won't require payroll tax changes that I believe will be widely accepted by the American people if we get into it and we do it in a totally nonpartisan way, the way we did in '83. Mr. Brokaw. There's a growing wave of people out there who believe that we ought to either privatize it or give people that option. Do you think that's a good idea?”