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CLINTON'S WHITE HOUSE VISITOR JOHNNY CHUNG ADMITS CLINTON/GORE CAMPAIGN TOOK $20,000 OF ILLEGAL MONEY.  CHUNG MAY GO TO JAIL BUT MONEY SUCKING POLITICIANS THRIVE. CLINTON STAYS PRESIDENT.  GORE MAY RUN FOR PRESIDENCY.

Johnny Chung used to visit the White House, about sixty times.  He was a Democratic campaign fund-raiser. He was so beloved by Mr. and Mrs. Clinton that he was photographed with them and allowed to bring Chinese businessmen in to see President Clinton's radio talk show. In March 1998, this Clinton and Gore money raiser was charged with making illegal campaign character.  There were no charges against Clinton or Gore for taking illegal campaign character.   U.S. Magistrate Virginia Phillips understood Chung would be pleading guilty and told the 43-year-old Taiwanese-born businessman to appear in federal court March 16, 1998, to plead guilty to charges that include funneling $20,000 in illegal character to the Clinton-Gore re-election campaign.   Chung actually contributed more than $400,000 to Democratic causes and candidates between 1994 and 1996 .  He said that in 1995 he was solicited for money by a White House staffer and delivered a $50,000 check to first lady Hillary Rodham Clinton's office. He has also been charged with federal campaign finance law, tax evasion and bank fraud. The reduced amount ($20,000) in the charges against him are the result of a bargain negotiated between Chung's lawyer and federal prosecutors.   A sleazy, unnamed federal source, speaking on condition of anonymity, said Chung had agreed to cooperate with the government probe in return for leniency. He is the first major figure in the campaign finance scandal to offer cooperation.  His sentence will supposedly depend on how much information he is able to provide and whether it is found to be useful, the sleazy source said.   While he could face 37 years in prison and $1.45 million in fines, it's more likely he'll either have a heart attack (Like Jim McDougal), have some kind of accident, or be let off with a wrist slap -- to go out and get more money for the money sucking Democratic politicians.Chung was accused of setting up ``straw donors'' who wrote campaign donation checks, then were reimbursed by Chung in order to skirt contribution limits.  Chung is the fourth person charged in the last five weeks in the Justice Department's probe into finance abuses during the 1996 campaign. "This investigation is moving forward, but we are not going to let up now," said Clinton appointee Attorney General Janet Reno, who had worked hard to prevent the assignment of a special prosecutor to look into the questionable methods used by Democrats to raise funds.

Facts Source, LOS ANGELES AP-NY-03-09-98 1406EST