Census data shows nearly one in two Americans live in poverty and now the Congressional Budget Office warns things could soon get worse if President Obama and Congress remain at an impasse over the 2013 fiscal budget. House Republicans are calling for cuts to food aid, healthcare and social services while protecting funds for the Pentagon. We discuss poverty with Peter Edelman, who resigned as assistant secretary at the Department of Health and Human Services over then-President Bill Clinton's signing of the 1996 welfare reform law that threw millions off the rolls. "Basically right now welfare is gone," Edelman says. "We have six million people in this country whose only income is food stamps -- that's an income at a third of the poverty line. ... Nineteen states serve less than 10 percent of their poor children. It's a terrible hole in the safety net. Welfare has basically disappeared in large parts of this country." Now a professor at Georgetown University Law Center, Edelman has written a new book, "So Rich, So Poor: Why It's So Hard to End Poverty in America." "I'm very much in support of Occupy," he adds. "The idea ... of the 1 percent and the 99 percent ... all fits together -- we really should be all one country."

Transcript: