The White House also released the following statement,
"H.R. 8, the 'American Taxpayer Relief Act of 2012,' which makes permanent the temporary rates on taxable income at or below $400,000 for individual filers and $450,000 for married individuals filing jointly; permanently indexes the Alternative Minimum Tax exemption amount to the Consumer Price Index; extends emergency unemployment compensation benefits and Federal funding for extended benefits for unemployed workers for one year; continues current law Medicare payment rates for physicians' services furnished through December 31, 2013; extends farm bill policies and programs through September 30, 2013; and provides a postponement of the Budget Control Act's sequester for two months."
The White House also released a video and a seven-point chart highlighting certain details in the new tax law. The President also released a video statement on the new law. The President "signed the bill using an autopen, a mechanical device that copies his signature," reports the Associated Press.