Congress also did something new, which is, they delayed for two years two new taxes - one on medical devices and one on high-end health insurance plans. Those taxes are supposed to help pay for President Obama's health care law, but they're really unpopular.
Susan DavisOK, so $1 trillion is what it costs to run the federal government for one year. So this money's going to run through September of 2016. Half of the trillion dollars goes to defense spending and the Pentagon. The other half goes to domestic spending - everything from prisons to parks. So there's also about 74 billion in there that goes to the military operations that we have ongoing in Iraq and Afghanistan and Syria.
Susan DavisMost of them benefit businesses, things like research and development tax credits. But people will also benefit, too, from things like - the earned income tax credit and the child tax credit have been made permanent. They predominantly help lower-income families.
Susan DavisWhen it comes to pay raises, Congress always plays the role of Grinch. The bill extends an existing pay freeze for Vice President Joe Biden, specifically, and senior political appointees broadly.
Susan DavisIt ends a 40-year ban on exporting U.S. oil. It's changed - it's included in its cyber-security legislation - that says to private companies, hey, if you share with us your data on your cyber-attacks, your potential cyber-attacks, we'll give you liability protection. And they authorized a health care program for 9/11 responders for 75 years to cover the length of their lifespans.
Susan Davis