OK, 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.

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.

OK, so this pack - tax package includes about 50 tax breaks. None of them are new. They were all existing tax breaks. What this did was make them permanent. It gives some certainty for people when they're filing taxes that they don't have to wonder if Congress is going to renew them year after year.

Most 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.

Democrats don't have a lot of time to turn the party around.

Democrats don't sound united.

There's dozens of unrelated policy provisions tucked inside of it. I'll give you a sense of a handful of them. One is a visa waiver program change. It's going to make it harder for people who've traveled to places with terrorist activity to get into the U.S. They're going to have to go through an added layer of security.