It's about as horrible as it can be: the House Rules Committee won't even allow privacy-protecting amendments on the agenda; the bill's sponsor Rep. Mike Rogers dismisses people who oppose CISPA as 14-year-olds in their parents' basements; and a bunch of tech companies are lobbying in favor of CISPA because the bill cannily immunizes them from liability for firehosing your personal, sensitive information all over the place.
The Electronic Frontier Foundation is, as always, the best place to go to find things you can (and should, and MUST) do to kill this insane proposal.
I write books. My latest is a YA science fiction novel called Homeland (it's the sequel to Little Brother). More books: Rapture of the Nerds (a novel, with Charlie Stross); With a Little Help (short stories); and The Great Big Beautiful Tomorrow (novella and nonfic). I speak all over the place and I tweet and tumble, too.