Washington -- With President Bush's proposals to revamp the Social Security program drawing heavy criticism from Democrats -- and even from select members of the GOP -- the administration has taken umbrage at the AFL-CIO's opposition to reform plans for the wheezing 70-year-old program.
In a warning letter to the federation, the Department of Labor voiced concern that the union's pension funds may be in legal violation by spending members' money to voice its position on the current Social Security debate.
The DOL also warned the AFL-CIO that it may be in fiduciary violation for intimating that the federation may withdraw its pension investments from Wall Street firms that support the president's proposals.
Earlier this year, the AFL-CIO orchestrated a 70-city campaign against the Wall Street firms that supported Bush's reform proposals.
