That's the "short" version? Yeesh. Anyway, here's what that article was trying to say:
Two things are likely to pass:
1) Cybersecurity Information Sharing Act: Lets Homeland Security invent regulations to let companies and governments at all levels share data about people. Good for law enforcement, bad for privacy and civil rights, good for corporations who share too much trying to please the government (because of a liability shield).
2) Something else similar with some provisions keeping the NSA at arms length to molify the public, but I lost interest exactly what it was because the article was pretty confusing.