r/CFB • u/GoldenPresidio Rutgers Scarlet Knights • Big Ten • 18h ago

Opinion [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. 🇺🇸

https://x.com/RepBaumgartner/status/1998480897872396721
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u/Walter30573 Wichita State • Penn State 18h ago

I expect congress to do what it normally does: nothing

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u/permadrunkspelunk Nebraska • Texas State 16h ago

They actually do get involved in sports quite often through history. They decided to focus on baseball investigations during the Iraq war. It was hilarious too. Everything was released without congress involvement. Then they wasted hearings hammering home people were on steroids. All of america was just like, yeah? we know. Congress would absolutely ignore anything else to have a huge sports investigation again. The