|
AFL-CIO DUES RAISE
Labor Letter
Wall Street
(Tuesday, November 16, 1971)
Budget squeeze eases at the AFL-CIO, thanks to a
higher head tax on members.
The federation's income of $30.4 million in the
two-year period ended June 30 topped expenses by a hefty $4.7 million;
that's a sharp improvement over the deficit of $384,000 posted in the
preceding two years. The financial report to the AFL-CIO convention that
starts Thursday attributes the gain 'directly' to a 1969 increase in
affiliate's monthly per capita payment to 10 cents from seven cents.
The report of Secretary-Treasurer Lane Kirkland shows
the AFL-CIO spent $1.7 million to operate its Committee on Political
Education in the year ended June 30; its political arm got $1.4 million
the previous year. Among the federation's departments, international
affairs still enjoys the fattest budget; it spent $360,000 in fiscal
1971. Close behind were the legislation, research departments.
The total paying membership of the AFL-CIO has
averaged 13,177,000 since 1969 up from 13,005,000 in the previous
two-year period, the report says. |
