    RECORD TYPE: PRESIDENTIAL  (TRP NOTES MAIL)

    CREATOR: Wendy C. New ( CN=Wendy C. New/O=OVP [ OVP ] )

    CREATION DATE/TIME:21-JUL-1998 10:56:09.00

    SUBJECT:  Re: Updates

    TO: Ron Klain ( CN=Ron Klain/O=OVP [ OVP ] )
    READ:UNKNOWN

    TEXT:
    thanks.

    Ron Klain

    07/21/98 10:02 AM

    To:	Albert Gore/OVP

    cc:	Patricia A. McHugh/OVP, Wendy C. New/OVP

    Subject:	Updates

    Here are a few things going on here today that you need to know about

    before you depart:

    1.  Tax Cuts.  This is really heating up internally.  I am going to give

    you a lunch memo addendum this morning.  I think you will want to talk to

    POTUS about this today, on several fronts.

    2.  IRS.  The GOP has its bill send-off rally, which they may use to

    launch their tax cut plan, at about 2:30 pm today.  POTUS will likely sign

    the bill tomorrow.  If the GOP makes its event about tax cuts, POTUS will

    make the signing about SS first.

    3.  Tobacco.  Hatch/Feinstein meet with Conrad today.  Hatch's staff has

    been in here alot with Bruce and Elena.  We'll see where this winds up.

    4.  USEC.  This seems to be going forward.  The House & Senate have passed

    legislation to bail-out Ohio (Strickland's bill); this will probably also

    come down here and get signed while you are gone.  Leon is still working

    the national security side of the equation -- it is not clear how much

    lift there will be for the Russia HEU bail-out.

    5.  MFN.  This is likely to pass the House tomorrow, FYI.

    That is about it.