President Barack Obama had commissioned his review team on or about Aug. 12, 2013 about Intelligence Collection and Communication Technologies. That team has now published its report and it has been released. The attached Times Minute video report of or about Dec. 19, 2013 gives a brief but concise perspective on the report's contents. The report is popularly known as "The NSA Report" - but is really titled "Liberty and Security in a Changing World". The report is dated Dec. 12, 2013 and was authored by Richard A. Clarke, Michael J. Morell, Geoffrey R. Stone, Cass R. Sunstein (Harvard Law directory link) and Peter Swire.
For an official synopsis of the NSA report see the White House Blog post of Dec. 18, 2013. The posting states that there are actually 46 suggested modifications to be made using the White House's review, the FISC Court/s, the NSA, personal privacy, Global Communications Technology (one assumes your personal technology and devices used for all forms must be included), a new Oversight authority and protections against 'internal threats'. The proposed new oversight authority is the Privacy and Civil Liberties Oversight Board (PCLOB). The "limitation of bulk data collection" comes first and foremost in the synopsis.
The NSA Report recommends the cessation "of bulk storage of telephony meta-data...under Section 215 of the FISA Act" with new legislation. Perhaps the most important part to your privacy comes in The Report's Appendix B "Overview of NSA Privacy Protections under FAA 702" on page 267. That is followed by the "Overview of NSA Privacy Protections under EO 12333" on page 268. America's famous system of "Checks and Balances" is described on page 269 followed by "the Whistle-blower process" on page 271.
However The NSA Report suggests giving the government the final say on Current Encryption Standards, algorithms and the protection of (of course) classified information. Appendix E of The Report covers this beginning on page 273 - it is suggested reading. Lucky for US Citizens that the EFF has noted that the report does not mention the constitutionality (or lack of) in the manner of this data collection. This is in reference to the U. S. District Judge that found the telephony scanning and storage of your telephony records may be in violation of the Fourth Amendment. That Court's Case is under Civil Action filing (Case 1:13-cv-00851-RJL Document 48) and may be found on Scribd. Even after all these recent events one expects delays to come regarding actions on The NSA Report.