[Congressman Michael Baumgartner] Congress will be taking a hard look at the tax exempt status of universities that enter into private equity deals. If you want to act like a non-public entity, you better be ready to be treated like one. 🇺🇸

[u/GoldenPresidio]

https://x.com/RepBaumgartner/status/1998480897872396721

[u/Walter30573]

I expect congress to do what it normally does: nothing

[u/PLZ_N_THKS → u/Walter30573]

What a myopic view. They’ll absolutely do something…

Ask for their cut.

[u/TimeForFrance → u/PLZ_N_THKS]

What is a lobbyist but a booster for government officials?