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Life-saving roll that food stamp program plays in the lives of so many americans and yet last year house republicans gutted the program to the tune of $40 billion. give us a sense where the house caucus is, where your colleagues are at in the subject of snap at present. >> unfortunately there's a war against the poor in washington. there's many of my colleagues on the republican side never talked to anyone on snap, never been to a food pantry, never met a runni hungry child, instead they think people are lazy, taking advantage of the system. the fact of the matter is as you know being poor is ...

Increase. i suspect they will think if someone is working hard trying to stand out they should be fairly compensated. >> when you look at the studies on the minimum wage hike, you are losing jobs because of that in many instances. there are costs to pay. ironically the president is saying we want to make work pay. but the poll $is are diseven sentivizing. >> good to see you both. bill? bill: concerns about the chinese economy sent stock south at the close. down well over 230 points. today so far we are relatively flat. keep an eye on the markets throughout the day here and see if we end up on ...

Number three, making sure every child in america gets a world class education. and number four, which is what i'm going to be focusing on today, making sure that our economy rewards the hard work of every american. now, making work pay means making sure women earn equal pay for equal work. [ applause ] it means giving women the chance to have a baby without sacrificing jobs or a day off to care for a sick child or parent without worrying about making ends meet. it means making sure every american has access to quality affordable health care that's there when you need it, so if there's somebody...

>> all right, calling it part of a four-pronged effort to attack the issues of jobs, skills, and making work pay, the president signing an executive work order that will essentially change the formula for a way that will determine who is a manager, affecting overtime pay for potentially millions of americans, and the president saying that under current law, salaried workers could theoretically get paid less than the minimum wage because of the way overtime rules are construed and because of the way it is calculated who is a manager and who is not. let me go to steve odland to get your reaction...

Make sure we can make sure job training programs better match up with the needs of businesses around america. elizabeth plank is the executive social editor and rich benjamin a senior fellow at the think tank, welcome to both of you. you sat with me during the president's speech there. let me start with you, this is part of an effort that's become somewhat customariry for presidents as of late. they hit the road and take their message to the people of america, that's what we're seeing president obama do as he shakes the hands of some of the factory workers in waukesha. what did you make of the...