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And you're looking at live pictures from iowa, the president speaking. it's the last stop on the bus trip, due buick. >> that made us the most prosperous economy in the world. it's bargain that says if we work hard, we should be rewarded. it's a deal that says if you put in enough effort, you can find a job that pays the bills. you can afford a home you can call your own. you won't go broke whether he you get sick. you can retire with dignity and respect. >> and the next spot will be davenport as they wrap up the bus tour. which political story will make headlines in the next 24 hours? contrib...

Presidency and they certainly don't want you or anyone else standing in the way of that. what is it that paul ryan doesn't understand about budgeting, that you would like him to understand? >> well, there's several things he doesn't understand. one is that we have a faithful budget that put together by the jewish, christian, and muslim community here in d.c., which says that we need reasonable revenue for responsible programs. and in 55 pages, we set out a fair amount of detail about it. the other piece that he doesn't understand, as a catholic, which really saddens me, is the fact that we are...

>> but if you look at wages, wages have stayed totally flat during that time. >> i understand that. >> that is more the issue because folks making minimum wage are below the poverty level. whereas in the 70s, folks making minimum wage were above the poverty level. >> bill: do you want a guaranteed wage? is that what you want in this country say every family gets a certain amount of money and if they don't earn it the government gives it to them? is that what you want. >> the issue is folks like i met on our recent bus trip in milwaukee i met billy, his wife and two kids. his hours got reduced....

>> but if you look at wages, wages have stayed totally flat during that time. >> i understand that. >> that is more the issue because folks making minimum wage are below the poverty level. whereas in the 70s, folks making minimum wage were above the poverty level. >> bill: do you want a guaranteed wage? is that what you want in this country say every family gets a certain amount of money and if they don't earn it the government gives it to them? is that what you want. >> the issue is folks like i met on our recent bus trip in milwaukee i met billy, his wife and two kids. his hours got reduced....

On our fabulous bus trip, we were in low-income communities everywhere, where we saw amazing community built. where people know how to share, where their lives are better because they know each other, and where they can engage in service to the community, and in that way, create a better life for their families. paul ryan doesn't have a clue about that. we would really love to show both he and governor romney the reality of hard-working folks at the margins of our society, making a difference. >> well, sister, paul ryan has said that -- i'm just -- he said the reason he got involved in public ...