Jimmy Fallon is a busy guy with a lot on his schedule, so he doesn't always have the time to sit down and watch the news like the rest of us.
Luckily, he has an awesome team of video editors at his disposal to help make the whole keeping-up-to-date thing easier.
In a segment called "Said It and Re-Edit," Fallon has his crew pare down the news to just the bare essentials. It really takes the pain right out of staying informed (as long as things like "facts" don't matter to you).
Now, if only other shows would follow suit.