The Guardian details "XKeyscore," a wide-reaching program that allows analysts to search through expansive databases of user data. Snowden hinted at XKeyscore in his first interview, and said it was so powerful that he could have wiretapped "anyone, from you or your accountant, to a federal judge, or even the president, if I had a personal email."
Why is this important? The secretive nature of the program, which was authorized in secret proceedings by the Foreign Intelligence Surveillance Court (FISC), drew attention to the massive volume of information at the NSA's disposal.