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Working on a compromise and it was house republicans like john boehner who in the estimation of the white house was out on a limb. they want to take the case to voters in 2012, while washington may be broke inch and dysfunctional, and the president is no longer the change agent as seen at the time of his election. they want to say that he was reaching across the aisle working with the republicans, in the senate even if house republicans didn t want to work with him. the president was supposed to speak at 12:15 eastern. as you can tell behind me he s still not here. we had heard that house speaker john boehner had actually signed this bill, was heading over to senate majority harry reid. they have to go through some more process. perhaps, i stress perhaps they are waiting for the bill to arrive so the president can sign it before heading to hawaii. reporter: we will take the president live as soon as he appears there at that podium, don t war brie that. the extension of the payroll ta ....
Fighting for its survival in the golden state, not even off the ground and it s already running billions of dollars over budget. now critics are demanding a second look and some are urging the state to scrap it all together. william la jeunesse following us for us. he s live in l.a. hi, william. reporter: rick, you know this is the holy grail of public infrastructure the single largest expenditure of money ever. this bullet train is mired in thoughts over cost, environmental impact, design and unrealistic sales pitches. but remember it s not just california, most of the cost will be paid for by all u.s. taxpayers. our goal is to give 80% of americans access to high-speed rail. reporter: yet less than a year after that speech the president s bullet train project looks more like a runaway engine. it is not viable, it is not the best use of tax dollars, and especially when you re borrowing the money to do it. reporter: republican kevin mccarthy joins other fiscal ....
Presents in your what appears to be a political victory for the president. but is it? karl rove is the former senior adviser and deputy chief of staff to president george w. bush, also a fox news contributor. good to talk to you again karl. reporter: thank you. rick: a little extra holiday cheer for the president this year, you think. reporter: sure, late bit. let s keep in it context. the president originally wanted a one-year extension, the republicans in the house were for a one-year extension. senate democrats wanted a two month extension. you would think the president would be upset with the senate democrats, but no, he wanted a political gambit and he got it. the president s job approval today is 44%. last week it was 42, the week before that 43, 42 the week before that. i bet you that this total that he got here today by the end of the year the final week of december he s going to be back in the 42, 43 range and these are dismal numbers. ....
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