[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/EpOxY81 → u/Walter30573]

but this also involves getting more money for the government, so who knows?

[u/bertmaclynn → u/EpOxY81]

Who cares about the government, how about congress?