to my left is donald marron, former member of bush advisers. rudolph penner is former ceo of the office of budget. between them is robert .eischauer, before we get started, a few housekeeping issues. each of our speakers will talk for about five or six minutes. i will ask the questions and we will open it up to questions from all of you. for those of you who are watching on c-span, you may send as questions by e-mail in publicaffairs@urban.org. please keep your questions brief and send us your name and affiliation. our first baker will be donald marron talking to us about the cliff. >> happy new year. it is january 8. it has been an incredibly busy year. i would like to talk about the tax consequences of the cliff and the deal. in october, but colleagues and i issued a report that looked at all the tax things. you see on the screen a chart of our primary results of that study of what was looming and what was possible. i want to remind those who have seen it before introduced those who do not. what the chart here shows is how much people's tax r

our first speaker will be donald marron talking to us about the tax consequences of the cliff. >> things, howard. hi, everybody. we sit here on january 8 asserted that an incredibly busy year for tax policy. a day to talk about the tax consequences of the clifton deal struck to avert it. back in october, my colleagues and i issued a report that looked at tax things bundled in the fiscal cliff. you had in your seat eight result of what was living in what was possible in the fiscal cliff. i want to quickly remind those what this chart shows and then compare it to what actually happened. some of the chart here shows us how much people as tax rates would not if we fell entirely off the fiscal cliff. so the vertical percentage point if you look at the column to the far right could maybe see on average across all taxpayers at the end of last year, tax rate schedule to go up by five percentage points. there's a reason people in washington bruce out about that. it would be a chicken to take tax increase. what we have on the left of the chart is lining up households by how much income to see what

marron on twter. and it'switter that's given heinstant celebry status. what seems to the most sought ter wom in america, fighting off questions from athlesnd even a job offer from donaldimself. >> y quarterbacks t all the goodooking women. at a beautiful wo wow! >> whoa! >> a.j.'soing - >> she has mad every ghlight reel in the country aeronday night's bcs national championship game between alabama and notre dame. e has everyone talking. >> katrine webb. >> katherine webb. >> hey, they're talkingbout thine webb. >> it's a human interest story. it's a girlfriend. mean, good-looking people sellright? it'sot a spris that televisi and movse good-looki people. e's go-looking person. thgame wasn't competitive. what wou you talkabout? >> reporter: her biggest fan ems to b 73-year-old br musberger, play-by-play annocer whooun'teem to get enough of her good looks. >> i youe a yoter in alabama, srt getting a football out and throwing it arnd the backyard with pop. >> reporter: but did he go a lile too far? >>ome people aralling it creepy actually. >> can't argue with that. little creepy. >> i didn't think they went too far at all. especially because espn knew when you put an ara