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Old 07-29-2008, 01:52 PM   #23
firstdown
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Join Date: Oct 2004
Location: chesapeake, va
Age: 61
Posts: 15,817
Re: Bush administration projects record 2009 deficit

Quote:
Originally Posted by 724Skinsfan View Post
Why did Congress pass the loophole to stop them? Is it because it takes away from today's money that the Galveston residents would be paying into SS?
Yes they opted out while they could and congress closed that loophole pretty quick. I guess they knew other cities or states would do the same when they saw the success they where having.
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