Bloomberg calls for 'war on poverty' on 1st California trip

Democratic presidential candidate Michael Bloomberg is pledging to launch a "war on poverty" if elected to the White House. The billionaire made the comment at an event in Stockton, California, a city once known as the nation's foreclosure capital. He says, "As president, my job will be to move all Americans ahead, and that includes committing our country to new and innovative ways to combat poverty." The trip marks Bloomberg's first to California since launching his presidential bid. Since he's bypassing the four early voting states, Bloomberg is hanging his campaign success on states such as California, which votes on delegate-rich Super Tuesday.