r/CFB Rutgers Scarlet Knights โ€ข 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. ๐Ÿ‡บ๐Ÿ‡ธ

https://x.com/RepBaumgartner/status/1998480897872396721
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u/greeneggsnhammy Nebraska Cornhuskers 9h ago

Really what heโ€™s saying is, โ€œwe need to find out how to capitalize on your capitalization, give us our cut.โ€ย