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Tobacco- Hatch bill THE WHITE HOUSE WASHINGTON June 26, 1998 MEMORANDUM FOR THE CHIEF OF STAFF FROM: Bruce Reed Elena Kagan SUBJECT: Analysis of Hatch-Feinstein Tobacco Bill The Hatch-Feinstein bill is a somewhat strengthened version of the original (June 20th) agreement between the state attorneys general and the tobacco companies. As compared with the June 20th agreement, the bill includes: (1) slightly higher base payments; (2) stronger lookback surcharges; (3) provisions to protect tobacco farmers (essentially adopting Lugar); and (4) a spending plan that largely mirrors the one that we and Sen. McCain devised. Though still considerably smaller than the McCain bill, the Hatch bill would lead to a fairly significant price increase -- about 69 cents per pack from annual payments and 25 cents per pack from lookbacks - - which would produce a significant (approximately 40%) decline in youth smoking. One serious shortcoming of the Hatch bill is its FDA provisions, which fail to provide the FDA with all the authority it is claiming under current law (a claim, of course, now in litigation). The bill's lookback provisions, though much strengthened from the settlement, are also subject to criticism, principally on the ground that they do not include a company-specific component and are abatable on a showing of good conduct. Less significantly, the bill contains a limited antitrust exemption and leaves all enforcement of its environmental smoke standard (which is quite strong) to the states. Finally -- but most important from the standpoint of trying to amass votes - the bill includes all the liability protections of the settlement to which the public health community objected: a $5.5 billion annual cap on liability combined with a ban on punitive damages and class actions. Although few Democrats believe that the Hatch bill could pass the Senate as written, a fair number remain open to the possibility of negotiating with Hatch to try to produce a strengthened bill. As usual, the major hurdle in any negotiation of this kind would be the issue of liability protection. This memo, after providing a more detailed analysis of the Hatch bill, discusses briefly whether -- and, if so, how - we should engage in such discussions. I. Summary of Hatch-Feinstein A. Overall Cost and Price Per Pack The charts Hatch distributed earlier this week dramatically exaggerated the cost of the McCain bill - and to a lesser extent exaggerated the cost of his own. Hatch's analysis erred in