WASHINGTON - President Clinton is insisting that the final budget plan being negotiated in Congress contain his urban empowerment zone proposal, but he may back off demands that it include all his other tax-exempt bond initiatives and tax incentives, a top White House official said yesterday.

Robert Rubin, chairman of Clinton's National Economic Council, made his comments in an interview in which he acknowledged that the White House is now prepared to accept an energy tax so small that it no longer will produce the revenues needed to finance many of the President's posed tax incentives.

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