There's a question about a piece of paper. It's in a package. The person thinks it might have been printed in the US. They want to check if it's the same size as US letter paper. It's a special size in the US, called 8 and 1/2 by 11. They want to measure it to see if it was printed in the US.
The person is checking the size of the paper. They're looking at it carefully. It's the same size as US letter paper. The person says, 'Do with that what you will, everybody.' This means they're not sure what to make of it. They're leaving it up to others to decide.
There's a joke about 'breaking news'. This means something exciting or important has happened. But in this case, it's just a joke.