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Play of the Day: What A Budget Compromise Looks Like

See how Republicans and Democrats "split the difference" to get it done.

Late Thursday evening, the House passed its version of the spending bill that will keep the lights on at the Capitol if it passes the Senate. But in order to arrive at such a compromise, Republicans and Democrats had to "split the difference" on some very partisan issues. Jimmy Fallon investigates.

Plus: Rick Perry doesn't think running for president is an IQ test. President Obama impersonates Santa. And Jon Stewart finally understands why the United Kingdom has kept its monarchs: to distract from bad news, like this week's Senate torture report.