RECORD TYPE: PRESIDENTIAL (TRP NOTES MAIL) CREATOR: Ron Klain ( CN=Ron Klain/O=OVP [ OVP ] ) CREATION DATE/TIME:21-JUL-1998 10:02:34.00 SUBJECT: Updates TO: Albert Gore ( CN=Albert Gore/O=OVP @ OVP [ OVP ] ) READ:UNKNOWN CC: Patricia A. McHugh ( CN=Patricia A. McHugh/O=OVP @ OVP [ OVP ] ) READ:UNKNOWN CC: Wendy C. New ( CN=Wendy C. New/O=OVP @ OVP [ OVP ] ) READ:UNKNOWN TEXT: 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.